, Columnist
A Little Stimulus Wouldn’t Hurt the Job Market
Even if the trade wars aren’t a problem, a boost might do some good.
It couldn’t hurt.
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People keep saying that the U.S. Federal Reserve needs to cut interest rates, in large part to ward off the ill effects of the Trump administration’s trade wars. But what about the job market? With unemployment already hovering near its lowest level in almost 50 years, would added stimulus make sense?
Maybe. Some new data even suggest that the job market could handle a boost, even if new tariffs don’t have much adverse effect.