The first important economic signpost reached in this quarter, the April jobs report, could hardly have been more confusing.

The unemployment rate fell to a 28-year low of 4.3% while wages rose, but evidence also surfaced that the industrial sector of the nation's economy is weakening rapidly in reaction to the Asian crisis.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.