The Brexit vote on June 23 will come on the heel of a weak U.S. employment report for May, with only 38,000 new jobs created, according to the Bureau of Labor Statistics. And while the unemployment rate is down to 4.7 percent, revised job numbers showed almost 60,000 fewer job were created in March and April than previously reported, and the number of full-time-job seekers who had to take part time work rose by 468,000, according to the Financial Times.
If Britain votes to abandon membership in the European Union next week, the impact on the global economy could be severe and threaten America’s already anemic growth. The “Brexit poll tracker” at the Financial Times, updated today,shows 47 percent support in the UK for leaving the EU and 44 percent for remaining. World markets are jittery. READ MORE