Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.
General Motors will temporarily shut down eight of its 15 North American assembly plants for a week starting Monday because of a worsening global microchip shortage, according to ABC News.
Let’s take a break from our chaotic exit from Afghanistan, the crappy jobs report that’s coming, the rising inflation, and Joe Biden’s dementia to circle back to the 2020 census data.
The U.S. economy added 235,000 jobs in August and the unemployment rate dipped to 5.2 percent, the Labor Department said in its monthly labor assessment Friday.
In January 2020, Hubei and more than a dozen other provinces in mainland China implemented totalitarian lockdown measures, such as the closure of schools...
STORY HIGHLIGHTS
Economic Confidence Index slips to -12, from -6 in July and +2 in AprilRatings of current economy stable; more see economy getting worse...
A developing economic crisis in Afghanistan is adding a fresh layer of turmoil in the country.
Why it matters: “he value of the Afghan currency could...
