Retailers and manufacturers are hurting. Companies have cut back on investment as profits fall. And the economy is likely to show disappointing growth again in the first three months of 2016.
And yet there’s no need to fret, economists say. As long as the U.S. keeps adding 200,000-plus new jobs a month, the danger of recession is remote.
The U.S. likely added 210,000 jobs in March, according to analysts surveyed by MarketWatch. The nation has averaged 213,000 new jobs a month in the past four years, including a sizzling 282,000 average since December……. Read full story