The disappointing May jobs report is just the latest sign that the US economy is running out of gas after a decade-long expansion.

Economists had expressed hope that the labor market would remain solid, despite growing worries about US tariffs imposed on China and Mexico and trade tension with other key partners such as the European Union and Japan.

But Friday's jobs numbers are an undoubtedly troubling sign.

CNN's Christine Romans reports with analysis from Rana Faroohar and Grant Thornton Chief Economist Diane Swonk.


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