US jobs market facing ‘Trump slump’ as tariffs bite

America’s jobs market is bracing for a “Trump slump” as the president’s tariffs and immigration crackdown hammer businesses, economists have warned. Over the next year, the US economy will add just 690,000 new jobs – 64pc less than the 1.9 million added across 2024 before Donald Trump took office, according to a forecast by Capital Economics. Bradl...