United States

Job market still strong for 2020 — but red flags abound

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEJan. 13, 2020, 1:51 PM UTCBy Martha C. WhiteThe final word on American jobs in 2019 was more whimper than bang, with the number of jobs added coming in slightly below expectations at 145,000, even as unemployment remained at 3.5 percent and underemployment hit a record low.Labor market observers said the gradual deceleration of job growth was to be expected at this stage of the economic cycle, and that positive signs are mixed with a number of potential red flags for 2020.“People shouldn’t be shocked by the fact that the unemployment rate is bottoming,” said Mark Hamrick, senior economic analyst at Ba ...