JPMorgan Chase CEO Jamie Dimon speaking with CNBC's Leslie Picker successful Charlotte, N.C. connected July 31st, 2025.
David A. Grogan | CNBC
JPMorgan Chase CEO Jamie Dimon said that a Labor Department study released Tuesday confirmed that the U.S. system is slowing down.
The section revised little its nonfarm payrolls information for the twelvemonth done March 2025 by 911,000 jobs from archetypal estimates. That was connected the precocious broadside of Wall Street's expectations for a downward displacement and the biggest revision successful much than 2 decades.
"I deliberation the system is weakening," Dimon said. "Whether it's connected the mode to recession oregon conscionable weakening, I don't know."
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