Jobs stay firm while consumer confidence sinks in Trump-era economy
TL;DR
June payrolls rose by 57,000 with the unemployment rate easing to 4.2% and a surge in job openings, signaling a still-robust labor market even as hiring momentum slows. But consumer confidence remains weak, with wages lagging inflation and inflation-driven concerns cutting into real earnings, complicating the political narrative around Trump’s economic plan and potentially influencing Fed policy.
- Trump's job market is proving resilient. Consumer confidence is still sagging. Politico
- Opinion | Three Ways Trump Is Strangling Economic Growth The New York Times
- Your MAGA Parents' Day Will Get A Lot Worse If You Send Them This Report On Trump's Economy... BuzzFeed
- Trump’s ho-humming economy Politico
- The diminishing political returns of a solid labor market Politico
Want the full story? Read the original reporting
Read on Politico