This week in Bidenomics: Stealth slowdown

Published On Dec 7, 2024, 10:00 AM

The article discusses a mixed bag in the U.S. job market, showcasing a slight uptick in employment with 227,000 jobs added in November, which is above expectations. However, there's a concern that the long-term trend of job creation is declining, potentially indicating a slower economic growth rate and even early signs of a recession. The article mentions mixed signals from different economic analyses, with some suggesting the labor market is weakening. While holiday spending appears strong, the overall trend in job growth could pose challenges for the incoming administration of Donald Trump.