4442 Outlook

Economic Outlook: June 7, 2019

Jun 7, 2019  | Ep4442

Fighting a trade war on multiple fronts has started to weigh on the overall economy.

- Only 75,000 jobs were created in May and the Labor Department has cut numbers previously reported for March and April. 

- Despite seesawing job numbers, the unemployment rate has held steady at 3.6 percent.

- The Fed says the economy is getting soft and is considering an interest rate cut to prevent the nation’s economic engine from stalling. 

Grinnell Mutual Insurance