BlockBeats News, March 6th, a New York Times reporter stated that this report is extremely ill-timed for the US White House at a political level, and the White House has not yet commented on this data.
US President Trump is now facing a deteriorating labor market and ongoing inflation concerns, all against the backdrop of rising oil and gas prices due to the war with Iran.
In the past, Trump has shrugged off weak economic signals and insisted that the US economy remained strong during his tenure. But even one of his most valued indicators—the stock market—has been quite volatile this week. (Sina Finance)
