The U.S. Economy Is Proving Remarkably Resilient
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One thing you can say about the U.S. economy is that it is remarkably resilient, even if there are some storm clouds on the horizon.
The latest U.S. jobs report blew past expectations and showed a gain of 172,00 jobs in May, even though the unemployment rate remained unchanged at 4.3 percent. What’s more, the Trump administration revised the employment numbers upward for March and April.
One thing you can say about the U.S. economy is that it is remarkably resilient, even if there are some storm clouds on the horizon.
The latest U.S. jobs report blew past expectations and showed a gain of 172,00 jobs in May, even though the unemployment rate remained unchanged at 4.3 percent. What’s more, the Trump administration revised the employment numbers upward for March and April.
In other words, the worries about stagflation and a sluggish economy may be overblown, despite Trump administration policies that are weighing down the economic recovery,........
