Jobs Report Is Weak, With Gain of 75,000; Unemployment Rate Still 3.6%

The latest report was a disappointing
showing that will stoke fears the economy is softening as the Trump
administration’s trade war with China and potentially Mexico escalates. The
Federal Reserve has signaled that it would consider a rate cut in the
event of economic weakness, and May’s data is likely to be an important
factor in their decisions.

Publisher: NYTimes | Author: Nelson D. Schwartz

TAGS
economy, governance, jobs, tariffs, and trump agenda
DATE PUBLISHED
2019-06-07 (Modified: 2019-06-07)

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https://www.nytimes.com/2019/06/07/business/economy/may-jobs-report-economy.html

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