Global MFG - Nov 1, 2019
Econometer: Is the jobs report a sign the recession is near?Phillip Molnar | The San Diego Union
Econometer: Is the jobs report a sign the recession is near?
The U.S. economy added a modest 136,000 jobs in September, a gain that managed to help lower the unemployment rate to a new five-decade low of 3.5 percent. But, there was something else in the data: Excluding government, business hiring in the past three months has slowed to an average of 119,000 a month, the weakest showing in seven years.