Jamie Dimon sees ‘weakening’ in US job market: ‘No question’

From thehill.com

JPMorgan Chase CEO Jamie Dimon in a new interview raised concerns over the U.S. economy as inflation increases, saying he sees a “weakening” in the job market. “The lower income wages haven’t gone up for a long period of time,” Dimon told CNN’s Erin Burnett in an interview that aired Wednesday. “There’s … weakening in the job market, there’s no question,” he continued. “It’s not recessionary, it’s just weakening.“ Dimon added, “Will it continue to weaken? I don’t know.” President Trump on Wednesday traveled to Miami to promote his economic agenda, highlighting the ... (full story)