Reported 1 day ago
Despite a positive April jobs report indicating the US economy added 177,000 jobs and maintained a steady unemployment rate, analysts warn of a potential slowdown. Experts from JPMorgan and Renaissance Macro highlight low hiring rates and stagnant wage growth as troubling indicators. Concerns over tariffs and reduced shipping activity may also foreshadow an economic downturn, prompting economists to predict that the recession could soon become evident.
Source: YAHOO