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New tariffs, alarming job numbers and a high-profile firing: A wild week for the Trump economy
The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.
US job growth cooled in July amid growing economic uncertainty
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy.
Biggest Job Revisions Since 2020 Expose Pitfall of Economic Data
The latest employment report showed the steepest downward revisions to US jobs growth since the pandemic, offering a ...
Trump fires labor statistics boss hours after the release of weak jobs report
Without evidence, Trump called the data "rigged" and implied that BLS Commissioner Erika McEntarfer manipulated the numbers ...
What do Trump's new tariffs mean for the economy? Experts weigh in
Trump's executive order late Thursday laid out rates to be applied against nearly 70 countries, ranging from 10% to 41% in ...
Trump labor secretary touts ‘native-born’ share of job gains
Labor Secretary Lori Chavez-DeRemer touted that native-born employment increased in the latest dismal jobs report, which showed the U.S. added only 73,000 jobs in July. While calling for the ...
Economy likely created 115,000 jobs in July as labor market loses momentum
When the Labor Department puts out its July employment report Friday, it’s expected to show that companies, government ...
Employers added 73,000 jobs in July, falling short of forecasts
Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is ...