Weak Jobs Report Not Cause for Panic, Analysts Say

Economist torches Trump’s job creation with brutally simple graph

President Donald Trump has tried to make big claims about saving the economy and creating jobs, but one prominent economist has torched those claims with one brutally simple graph.Steve Rattner is a prominent investor and MS NOW economic analyst, who also previously served as the lead adviser for former President Barack Obama's auto industry task force. In recent years, he has been highly critical of Trump's economic performance, often using cle…

Weak jobs report not cause for panic, analysts say

The US’ weaker-than-expected jobs report on Friday may not be cause for panic yet, analysts suggested. The report showed the US lost 23,000 jobs instead of adding the 83,000 jobs economists had predicted. But experts pointed to the unemployment rate, which has fallen from 4.4% to 4.1% this year, suggesting a stable labor market. As immigration slows and Americans retire, the workforce is shrinking, meaning fewer jobs may be needed to keep unempl…

Economist alarmed as Trump's 'anemic' economy pushes Americans to the brink

An economist flagged several warning signs after the latest jobs report showed President Donald Trump's economy had become "anemic."On Friday, the Trump administration released a report that showed the U.S. economy lost 23,000 jobs in July, one of the worst monthly performances in several years. Hea...

Economist explains what the latest jobs report and inflation data means

NPR's Ayesha Rascoe asks Jed Kolko of the Peterson Institute for International Economics if he is alarmed by Friday's weaker-than-expected jobs report.

How the weak jobs report could make inflation harder to manage

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