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The New York Times /
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2024-09-02 19:32:53
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The New York Times on Nostr: nostr:note1nrucc9mdfd6jm9lsmx42hn9vvztysnkfufhxd0eef85v2wtcgycqjccvnt

The Potential Impact of Deflation on Unemployment in the US Economy
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#e707db1c ver:0.26

The US economy is experiencing a slowdown in inflation, with prices increasing by 3.2% over the past year. Factors such as lower gas prices and a drop in the cost of housing have contributed to this decrease. However, concerns about rising prices and economic strength are leading to potential cutbacks in spending. Immigrant workers have played a key role in cooling inflation by easing labor shortages. A strong job market can drive inflation higher, but high inflation can also impact the labor market. The impact of immigration on inflation depends on various factors. Overall, the US economy may be nearing a landing, but there is still a possibility of turbulence ahead. #inflation #economy #immigration...

#newstr #Deflation #Unemployment #Economy #Inflation #Us

https://here.news/story/e707db1c?ver=0.26
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