Article 2W14Y Trump's growth problem: jobs boost masks trouble ahead for US economy

Trump's growth problem: jobs boost masks trouble ahead for US economy

by
Dominic Rushe in New York
from on (#2W14Y)

Friday's jobs figures were impressive, but wages remain low, and the economy appears becalmed. The president might have to get used to sluggish growth

June shone a little brighter for Donald Trump's plans to Make America Great Again. After several months of disappointing jobs growth, US hiring picked up steam again. But beneath the surface there's a problem for the president: the US economy appears to be running out of gas.

On Friday, the Bureau of Labor Statistics said the US had added 222,000 new jobs in June, comfortably beating expectations. But, once again, most of those jobs were in low-paying industries, and wages are barely keeping pace with inflation. Manufacturing languished while food services and healthcare led the pack.

Related: The only good news about Trump's budget? It's unlikely to pass

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