America’s labour market is bracing for a sharp slowdown as President Donald Trump’s economic policies take their toll, with economists warning of a looming “Trump slump”. Jobs growth in the US is set to collapse by almost two-thirds this year, according to forecasts from Capital Economics. The consultancy expects just 690,000 new jobs to be created over the next 12 months – 64 per cent fewer than the 1.9 million added across 2024, before Mr...