Lates News

Data released by the U.S. Bureau of Labor Statistics on the 2nd of this month showed that the number of non-farm jobs added in April in the United States was 177,000, far exceeding the market's expectations of 138,000. In response, analysts on Wall Street in the United States pointed out that although this number shows strong performance, it cannot hide the signs of an upcoming economic recession. David Kelly, Chief Global Strategist at JPMorgan Asset Management, said that although the non-farm employment data has not shown that U.S. companies are laying off employees on a large scale or that the unemployment rate is rising significantly, if the U.S. tariff policy is not reversed in time, the impact of the tariff policy will eventually drag the U.S. economy into a recession abyss. (CCTV News)