Pm Utc: Trade War and Martha C

pm utc: Economists blame President Donald Trump's trade war and warn that if he follows through with his protectionist agenda, he could lead America into a recession, according to The Independent. Friday's announcement from the Bureau of Labor Statistics that the economy added just 75,000 jobs, well below expectations, came two days after payroll processor ADP's report on private sector employment reported that a mere 27,000 jobs were added in May. The news and stories that matter, delivered weekday mornings.SUBSCRIBE June 7, 2019, 3 45 PM UTC By Martha C. White June wasn't a great month for the labor market. Even though the ADP report earlier this week foreshadowed a possible miss for today, this is even worse than the lower band of most people's expectations, said Chris Zaccarelli, chief information officer for the Independent Advisor Alliance. The fingerprints of the trade war are increasingly evident in the data. This is a clear warning sign that the trade war is doing serious damage to the economy, said Mark Zandi, chief economist at Moody's Analytics. (news.financializer.com). As reported in the news.