US Economy Faces Mixed Signals Amid Slowdown and Resilient Hiring
TL;DR Summary
JPMorgan warns that despite strong job growth in May, underlying data indicates a gradual slowdown in the US economy, with signs of weakening labor market conditions and potential discouragement among workers.
- JPMorgan Warns Slowdown Gradually Seeping Up and Spreading Across US Economy Despite Job Growth Topping Estimates The Daily Hodl
- US economy shows signs of 'paralysis' as new data reveals hiring slowdown, activity contraction in May Yahoo Finance
- CNBC Daily Open: The health of the U.S. economy can depend on your viewing angle CNBC
- Trade war: US hiring slows but employment resilient Sky News
- U.S. economy showing mixed signals for May MarketWatch
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