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This note sheds light on three contributing factors ... The note also assesses the impact of labor market tightness on wage growth, showing that it has been large for low-pay jobs but milder overall.
Despite modest hiring in April that beat expectations, revisions to previous months' numbers and slowing wage growth hint at a gradually cooling job market.
The number of Americans filing new applications for unemployment benefits fell sharply last week as the spring break-related ...
noting that slowing wage growth is one sign that the labor market is already cooling and the Fed should be cutting interest rates soon to aid the slowing economy.
The unemployment rate held steady at 4.2%. It is too early for the labor market to show the impact of Trump's on-and-off again tariffs policy. Amid the uncertainty, the Federal Reserve is expected to ...
Although the term lacks a formal definition, stagflation occurs during times of high inflation and slow economic growth ... according to the Bureau of Labor Statistics. Financial experts worry ...