'Jarring': US economy flashes warning signs in new data, analysts say [View all]
The federal government released two major economic reports this week, easing a backlog of data pent up by the 43-day government shutdown.
The data flashed some warning signs, showing the unemployment rate had ticked up to its highest level in four years and retail sales had stalled at the outset of the holiday season, some analysts told ABC News. Even so, the reports offered bright spots and elicited a dose of skepticism about numbers released after a weeks-long delay, analysts added.
The latest snapshot of the economy arrives at a wobbly period, landing amid a slowdown of hiring alongside an uptick of inflation.
The jobs report on Tuesday "paints a sobering picture of a job market that may officially be turning frigid after a prolonged cooling period," Laura Ullrich, director of economic research in North America at the Indeed Hiring Lab, told ABC News in a statement.
https://finance.yahoo.com/news/us-economy-flashes-warning-signs-101924713.html
Yet Trump and his sycophants assure us everything is okay