It looks like the US economy is headed into another recession. That’s what usually happens when retail sales go down for three months in a row.
Some 103,000 new jobs in September doesn't mean the recession risk has been wiped away. Rather, it shows the US economy walking a knife-edge line between tepid growth and decline.
His aim is to add 2.5 million jobs. But job totals are dropping sharply now.
April saw only 20,000 jobs lost, and unemployment improved to 5 percent.