US economy shows signs of 'paralysis' as new data reveals hiring slowdown, activity contraction in May

Yahoo Finance ^ | June 5, 2025 | Josh Schafer

[lasereye]

Across the board tariffs is utterly incompetent. They should have been selective (and gradual) so as not to disrupt the economy. Being selective would have required some careful planning and analysis, which they didn't do. Musk is correct about Navarro being a moron.

The correct response by the Fed would be to start cutting interest rates. But it seems Powell is trying to sabotage Trump.

[sauropod]

.

[38special]

The mid-term election is looking like a disaster for the GOP at this rate.

[central_va]

F all Free Traitors™ FOAD.

[GrootheWanderer]

Every business owner I know has put plans on hold because of all the uncertainty Trump has created.

[HamiltonJay]

I call absolute BS on this.

I have have been recruited more in the last 3 months than I have in the last 2 years, and I am not looking now... was for nearly 2 years under Biden’s disaster.

Economy, is FAR stronger, by far, than it has been since Covid lock downs

[Tom Tetroxide]

Other possible evidence for an economic slowdown and/or recession.

Number Of Zombie Properties Increase In 30 US States
https://www.zerohedge.com/personal-finance/number-zombie-properties-increase-30-us-states

“Too Late!” - Trump Blasts Powell After Weakest ADP Jobs Report In Over 2 Years
https://www.zerohedge.com/personal-finance/small-business-layoffs-may-lead-weakest-adp-jobs-report-over-2-years

South Florida Emerges As Epicenter Of Housing Weakness
https://www.zerohedge.com/markets/south-florida-emerges-epicenter-housing-weaknesse

U.S. Home Sellers Are Sitting on Nearly $700 Billion Worth of Listings, an All-Time High
https://www.redfin.com/news/record-dollar-value-home-listings/

US Jobless Claims Surge To 8 Month Highs
https://www.zerohedge.com/personal-finance/us-jobless-claims-surge-8-month-highs

[gibsonguy]

Yahoo Finance “

worthless rat propaganda every time.

[SoConPubbie]

Across the board tariffs is utterly incompetent. They should have been selective (and gradual) so as not to disrupt the economy. Being selective would have required some careful planning and analysis, which they didn't do. Musk is correct about Navarro being a moron.

Let me see. . . .

You or President Trump?

You or President Trump?

You, a keyboard warrior, or President Trump, a successful businessman and the best President Evah who has gone through hell for me?

Guess which one I choose?

[central_va]

The 10% accross the board tariff is the BEST thing ever.

[RoosterRedux]

Gee, the stock market has almost fully recovered from its tariff-related slump. QQQ is within 2.8% of its all time high and the S&P 500 is within 3.4%.

And the markets are heading up because the economy is booming.

[frogjerk]

I'm a very small business owner. The tafiffs havent really affected me. What is really hurting business is the ridiculously high minimum wage, weed and screen-time.

No one wants to work.

[Fledermaus]

In summer I get a dozen high school kids to work. When they go to college they ask for summer hours when back at home.

I have no problem getting help.

Small restaurant.

[38special]

🖕😁🖕

[lasereye]

I'm a very small business owner. The tafiffs havent really affected me.

No reason why you would notice any impact from the tariffs (yet) unless you have to regularly buy imported stuff.

[cableguymn]

you sound suprised...

ask yourself this. If they were trying to lose the midterms what would they be doing differently?

[cableguymn]

so am I.. Can’t say I have seen much of a change. I just ordered some brake parts for a car I sold a year ago for a customer, I did the same brake job before selling them the car (they drive alot, rideshare) parts cost me 76 bucks then, 76 bucks today.

same company/same parts/same country of origin. (china)