Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Job Market Shows Slight Slowdown in April, Fed Sees it as Positive Sign ...
US Job Market Shows Slight Slowdown in April, Fed Sees it as Positive Sign
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#2140b79c ver:1.26
US job market shows slight slowdown in April, with only 175K jobs created, below economists' predictions. Unemployment rate rises to 3.9%. Fed sees this as positive, indicating cooling labor market and preventing inflation. Healthcare, welfare, transport, and warehousing sectors see employment growth. President Biden views it as a sign of recovery. Wage growth continues at 3.9%. Fed Chair Powell satisfied with low unemployment, cautious about cutting rates. US economy closely watched by struggling Europe. #JobMarket #Economy #Fed...
#newstr #UsJobMarket #FederalReserve #Unemployment #EconomicTrends #EmploymentGrowth #PresidentBiden #Wages #InterestRates #Europe #JobsReport #Economy #Revisions
https://here.news/story/2140b79c?ver=1.26
===============
#2140b79c ver:1.26
US job market shows slight slowdown in April, with only 175K jobs created, below economists' predictions. Unemployment rate rises to 3.9%. Fed sees this as positive, indicating cooling labor market and preventing inflation. Healthcare, welfare, transport, and warehousing sectors see employment growth. President Biden views it as a sign of recovery. Wage growth continues at 3.9%. Fed Chair Powell satisfied with low unemployment, cautious about cutting rates. US economy closely watched by struggling Europe. #JobMarket #Economy #Fed...
#newstr #UsJobMarket #FederalReserve #Unemployment #EconomicTrends #EmploymentGrowth #PresidentBiden #Wages #InterestRates #Europe #JobsReport #Economy #Revisions
https://here.news/story/2140b79c?ver=1.26