Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Labor Market Shows Signs of Weakening Amid Potential Overestimation of Payroll ...
US Labor Market Shows Signs of Weakening Amid Potential Overestimation of Payroll Gains
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#2140b79c ver:1.32
The US labor market shows signs of weakening as potential overestimation of payroll gains is revealed. Data from the Bureau of Labor Statistics suggests that gains may have been overestimated by about 60,000 jobs per month on average last year. While some indicators point to a robust labor market, rising unemployment and a decline in job openings indicate cracks. The Federal Reserve must carefully consider mixed signals as it considers interest rate cuts. Despite the potential overestimation, the job market is still considered healthy. #USLaborMarket #PayrollGains #BLSData #FederalReserve #InterestRateCuts...
#newstr #UsLaborMarket #PayrollGains #BlsData #FederalReserve #InterestRates #Unemployment #WageGrowth #Inflation
https://here.news/story/2140b79c?ver=1.32
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#2140b79c ver:1.32
The US labor market shows signs of weakening as potential overestimation of payroll gains is revealed. Data from the Bureau of Labor Statistics suggests that gains may have been overestimated by about 60,000 jobs per month on average last year. While some indicators point to a robust labor market, rising unemployment and a decline in job openings indicate cracks. The Federal Reserve must carefully consider mixed signals as it considers interest rate cuts. Despite the potential overestimation, the job market is still considered healthy. #USLaborMarket #PayrollGains #BLSData #FederalReserve #InterestRateCuts...
#newstr #UsLaborMarket #PayrollGains #BlsData #FederalReserve #InterestRates #Unemployment #WageGrowth #Inflation
https://here.news/story/2140b79c?ver=1.32