US Labor Market Shows Signs of Slowdown as Job Switchers Decrease on Nostr: US Labor Costs Rise as Productivity Slows, Adding to Inflation Risks =============== ...
US Labor Costs Rise as Productivity Slows, Adding to Inflation Risks
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#b06621a6 ver:0.09
Despite a slowdown in job growth and layoffs, the US labor market remains resilient and solid. The unemployment rate increased slightly to 3.9%, but the overall strength of the economy is evident. The Federal Reserve has the capacity to push back on rate cut expectations. While layoffs continue, the labor market remains strong and poised for growth. However, US worker productivity growth slowed in Q1, with labor costs rising, potentially adding to inflation risks. #USLaborMarket #Resilience #Productivity #InflationRisks...
#newstr #UsLaborMarket #Productivity #LaborCosts #InflationRisks #FederalReserve
https://here.news/story/b06621a6?ver=0.09
===============
#b06621a6 ver:0.09
Despite a slowdown in job growth and layoffs, the US labor market remains resilient and solid. The unemployment rate increased slightly to 3.9%, but the overall strength of the economy is evident. The Federal Reserve has the capacity to push back on rate cut expectations. While layoffs continue, the labor market remains strong and poised for growth. However, US worker productivity growth slowed in Q1, with labor costs rising, potentially adding to inflation risks. #USLaborMarket #Resilience #Productivity #InflationRisks...
#newstr #UsLaborMarket #Productivity #LaborCosts #InflationRisks #FederalReserve
https://here.news/story/b06621a6?ver=0.09