Confidence about the economy is in short supply despite a relatively solid job market
Economic confidence remains low despite a strong job market. Factors contributing to this sentiment include inflation, high interest rates, trade wars, and geopolitical tensions affecting gas prices.
WASHINGTON (AP) — The official numbers show that the U.S. job market has proved sturdy in the face of one shock after another – President Donald Trump’s trade wars, persistent inflation, high interest rates, and a conflict with Iran that has sent gasoline prices rocketing higher, squeezing family budgets. When the Labor Department releases hiring...
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