US employers keep on hiring despite growing trade concerns
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June 3, 2018
WASHINGTON (AP) — Defying fears of a global trade war, U.S. businesses have made it abundantly clear that they see no reason to stop hiring.
Employers added a robust 233,000 jobs in May, up from 159,000 in April, the government said Friday, and helped drive the nation's unemployment rate to an 18-year low of 3.8 percent.
In the midst of all that hiring, the Trump administration has slapped tariffs on steel and aluminum from Europe, Mexico and Canada. The White House is also threatening China with separate duties. And Europe, Mexico, Canada and China have vowed to hit back at U.S. goods.
Yet so...
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