Pakistan, June 7 -- U.S. job growth likely slowed considerably in May as businesses struggled with headwinds from tariff uncertainty, but probably not enough for a cautious Federal Reserve to resume cutting interest rates anytime soon.
The Labor Department's closely watched employment report on Friday is also expected to show the unemployment rate holding steady at 4.2% for the third straight month and solid wage growth, which should keep the economy afloat for now. Nonetheless, the economy's prospects are dimming and economists say President Donald Trump's flip-flopping on tariffs has hampered businesses' ability to plan ahead.
They expected May to mark the start of slower job gains. Opposition to Trump's tax-cut and spending bill from h...