Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Job Market Shows Signs of Cooling Amid Slower Wage Growth and Fewer Available Jobs ...
US Job Market Shows Signs of Cooling Amid Slower Wage Growth and Fewer Available Jobs
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#2140b79c ver:1.35
The US job market is showing signs of cooling with slower wage growth and fewer available jobs. Data from the Bureau of Labor Statistics suggests that payroll gains may have been overestimated by about 60,000 jobs per month on average last year. While some indicators show a robust labor market, rising unemployment and a decline in job openings indicate cracks. The Federal Reserve needs to carefully consider these mixed signals as they consider potential interest rate cuts. Despite the potential overestimation, the job market is still considered healthy. #USjobs #labormarket #economy...
#newstr #UsJobMarket #PayrollGains #BlsData #FederalReserve #Unemployment #WageGrowth #Inflation
https://here.news/story/2140b79c?ver=1.35
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#2140b79c ver:1.35
The US job market is showing signs of cooling with slower wage growth and fewer available jobs. Data from the Bureau of Labor Statistics suggests that payroll gains may have been overestimated by about 60,000 jobs per month on average last year. While some indicators show a robust labor market, rising unemployment and a decline in job openings indicate cracks. The Federal Reserve needs to carefully consider these mixed signals as they consider potential interest rate cuts. Despite the potential overestimation, the job market is still considered healthy. #USjobs #labormarket #economy...
#newstr #UsJobMarket #PayrollGains #BlsData #FederalReserve #Unemployment #WageGrowth #Inflation
https://here.news/story/2140b79c?ver=1.35