US job market returns to pre-pandemic normal, reaching a significant milestone on Nostr: US Labor Market Nears Pre-Pandemic Conditions, Federal Reserve Report Says ...
US Labor Market Nears Pre-Pandemic Conditions, Federal Reserve Report Says
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#acf2919b ver:1.62
The US labor market is nearing pre-pandemic conditions, with job openings declining and labor supply increasing, according to a Federal Reserve report. However, the market is showing signs of losing steam, with fewer job openings and a decrease in employees quitting. The labor market is at a potential inflection point, and any change could have significant implications for the economy and monetary policy. The recent data indicates that the labor market is returning to its pre-pandemic state, but further progress on inflation may require a move along the normal part of the curve....
#newstr #UsLaborMarket #FederalReserve #PrepandemicConditions #Inflation #InterestRates
https://here.news/story/acf2919b?ver=1.62
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#acf2919b ver:1.62
The US labor market is nearing pre-pandemic conditions, with job openings declining and labor supply increasing, according to a Federal Reserve report. However, the market is showing signs of losing steam, with fewer job openings and a decrease in employees quitting. The labor market is at a potential inflection point, and any change could have significant implications for the economy and monetary policy. The recent data indicates that the labor market is returning to its pre-pandemic state, but further progress on inflation may require a move along the normal part of the curve....
#newstr #UsLaborMarket #FederalReserve #PrepandemicConditions #Inflation #InterestRates
https://here.news/story/acf2919b?ver=1.62