The labor market dynamic is not well: Economist

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Julia Pollak Nachrichten

Labor Market,The Federal Reserve,Unemployment Rate

The Federal Reserve decided to hold interest rates steady on Wednesday, noting that 'unemployment rate has moved up but remains low.' Julia Pollak...

noting that"unemployment rate has moved up but remains low." Julia Pollak, ZipRecruiter chief economist joins Asking for a Trend to discuss her outlook on the labor market.

And Disney is planning a fresh round of job cuts in its TV division video game studio BG announcing today it's laying off 17% of its workforce adding to an industry that's already been decimated by layoffs. So job growth outside of health care and government is actually 60% slower than was normal before the pandemic.

I’m a 27-year-old teacher with $51K in student loans — but interest rates are killing me. How can I fix this?NEW YORK, August 01, 2024--Tapestry, Inc. , a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced the appointment of Eva Erdmann as CEO & Brand President of Kate Spade. Ms. Erdmann will join the brand in October, succeeding Liz Fraser, who is leaving the Company in September. Upon her arrival, Ms.

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The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearingWASHINGTON (AP) — The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to its 2% target, a sign that the central bank is moving closer toward cutting its key interest rate for the first time in four years.
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