May jobs report suggests a slowing economy – and possibly an imminent interest rate cut
By Richard Grossman| June 07, 2019 The latest jobs data suggests an interest rate cut may be imminent. The Labor Department reported on June 7 that U.S. nonfarm payroll employment increased by 75,000 in May, while the unemployment rate remained unchanged at 3.6%. This level of job creation was well below economists’ forecasts of about 185,000… Read More »