Economics
Job Market's Decade-End Bang Risks Fizzling in Less-Roaring '20s
- Trade war, smaller labor pool set to weigh on hiring next year
- Trump is counting on strong economy to drive re-election
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The 2010s are ending with unexpected strength in the U.S. job market, but there’s reason to doubt there will be another roaring ’20s.
November’s 266,000 payroll gain, the biggest since January, exceeded forecasts and job growth in the prior two months was revised higher -- calming concern about a slowdown in the economy or even potential recession.