The Economy Is Starting To Look A Little Shaky
Posted on AllSides June 8th, 2019
From The Left
The national unemployment rate is still at 3.6%, its lowest level since 1969, but Friday’s jobs report from the U.S. Department of Labor offered signs of weakness in the American economy as the presidential race gets underway.
The economy added just 75,000 jobs in May, bringing average job growth over the past three months to 151,000 ― down from 216,000 this time last year. And while worker wages continued to grow, the pace slowed, rising at a 3.1% rate, down from a peak of 3.4% in February.