'Recession!': Analysis reveals a change in spending habits — despite what economists say

'Recession!': Analysis reveals a change in spending habits — despite what economists say

According to the U.S. Bureau of Labor Statistics (BLS), the United States' unemployment rate was 4.2 percent in April; 177,000 new payroll jobs were added. That jobs report shows that so far, the low unemployment rates that President Donald Trump inherited from former President Joe Biden haven't gone away — at least not yet. Many economists are warning that if Trump doesn't back down from the steep new tariffs he keeps threatening, the U.S. econ…