By Tom Ozimek Former President Donald Trump issued a warning about the direction of the U.S. economy after Friday’s job creation numbers came in far below expectations and as more Americans were bumped onto unemployment rolls. The Bureau of Labor Statistics (BLS) reported on May 3 that the U.S. economy added 175,000 new jobs last […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.