Economics

U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months

  • Private payrolls gain seen at 130,000 as trade hampers growth
  • ‘It’s starting to roll into one big ball of negativity’
We Are Primed for a Third Fed Rate Cut, Economist Rupkey Says
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The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.