‘A Blockbuster Economy’: Despite 500,000 Fewer Jobs and Tariff Trouble
Friday, August 23, 2019 | Tag Cloud Tags: China, Economy, News, PLO, tariff, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(Worthy News) – The economy is on everyone’s mind this week as fears about a possible recession continue to capture headlines. Now, the Bureau of Labor Statistics has released some revised employment numbers showing 500,000 fewer jobs were created than initially reported.
“We have almost eight million more jobs than workers. We have the lowest unemployment rate in 50 years, the lowest inflation rate in 50 years, and the highest wage gains in 20 years. That doesn’t sound like an economy that’s doing poorly to me. In fact, that sounds like a blockbuster economy,” economist Stephen Moore told CBN News.
Meanwhile, the tariff showdown with China continues to weigh on the minds of some investors. [ Source: CBN News (Read More…) ]
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