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US Labor Market Shows Signs of Slowdown as Job Switchers Decrease /
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2024-05-02 12:59:22

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:0.08

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 and labor market is intact. The Federal Reserve has the capacity to push back on rate cut expectations. US labor costs rose in Q1 as productivity gains slowed, potentially adding to inflation risks. #USLaborMarket #Resilience #InflationRisks...

#newstr #UsLaborMarket #JobGrowth #Layoffs #Resilience #LaborCosts #Productivity #Inflation

https://here.news/story/b06621a6?ver=0.08
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