Employers Pulled Back on Hiring

“Employers continued to create jobs but pulled back on hiring, a sign that more businesses are putting expansion plans on hold as they deal with economic uncertainty,” the New York Times reports.

“The economy added 73,000 jobs last month, the Labor Department reported on Friday, lower than economists’ expectations. The unemployment rate slightly rose to 4.2 percent, up from 4.1 percent the month before.”

Bloomberg: “Trump is back at it on Truth Social, again calling for, yes, you guessed it, a lower Fed rate.”