Job gain points to a US economy slowing but hardly stalling
April 5, 2019
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again.
Growth has weakened since last year to something closer to the modest pace that has prevailed for most of the nearly decade-long expansion. The jolt from the Trump administration's 2017 tax cuts and greater government spending last year has faded. And the global economy has swiveled from a driver of the U.S. economy to a headwind.
Yet last month's solid job gain of 196,000 may...