US business hiring drops to 7-year low as Trump’s trade wars weigh on economy
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.A measure of hiring by US businesses fell to the lowest level in seven years in the third quarter as trade tensions increasingly weighed on the economic outlook.in a survey released Monday that just one-fifth of companies hired more workers over the past three months.
The decline was at least partly driven by trade disputes between the Trump administration and major economies, the business economists said. Tariffs have dimmed the outlook for an economy that had already been expected to slow this year. Tariffs levied over the past year have raised costs for companies and cast uncertainty on investment plans, the survey said, leading to weaker sales and anemic profit margins. While the US and China delayed planned economic escalations this month, the two sides maintained tariffs on thousands of each other's products.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US official: IS leader believed dead in US military assaultA U.S. official told the Associated Press that the shadowy leader of the Islamic State group who presided over its global jihad and became arguably the world’s most wanted man, is believed dead after being targeted by a U.S. military raid in Syria.
Lire la suite »
Secret U.S. raid sought to capture Baghdadi: U.S. defense secretaryThe U.S. special operations raid into northwest Syria sought to capture Islamic ...
Lire la suite »
Beijing Woos U.S. and Other Foreign Companies as Trade War Takes TollChina has stepped up its charm offensive to attract U.S. and other foreign companies in recent weeks, seeking to offset the debilitating impact of the trade war while still exchanging blistering comments with Washington.
Lire la suite »
Australian markets up as hopes rise for a US-China 'phase one' trade dealAustralian shares rose in the morning, as hopes rise on trade, with the U.S. and China appearing close to finalizing a phase one trade deal.
Lire la suite »
U.S. lawmakers hear from 'corroborating' witness in Trump impeachment probeA senior U.S. diplomat told lawmakers on Saturday he did not know whether Presid...
Lire la suite »
U.S. Representative Hill, facing ethics probe, resigns from CongressU.S. Representative Katie Hill, facing ethics probe, resigns from Congress. More here:
Lire la suite »