The Post reported on September’s job numbers, released on Friday: “The U.S. economy added a modest 136,000 jobs in September, sending the unemployment rate to a nearly 50-year low, a mixed bag that some economists said was more evidence that the country could be headed for a slowdown.” This year’s average monthly job (161,000) growth numbers are down from 2018 (223,000 per month) despite a 50-year unemployment rate low of 3.5 percent. Former car czar Steven Rattner explains that after two months of contraction in the manufacturing sector, “You have clearly a manufacturing recessions going on. It may now be spilling over a bit into the service sector.” As the risk of an actual recession in the next 12 months rises to about 35 percent according to the New York Fed, most economic prognosticators see […]

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