The unemployment has increased over the past two months now standing at 4.1 % for June. It's higher than the June 2023 rates of 3.4%, but is still historically low.Goolsbee says the labor market has been"cooling to a position of better balance, but it has been cooling. And that in itself is not the usual historic norm. It doesn't usually cool mildly. We are either improving or getting worse. So it's definitely an area of concern, one to keep your eye on.
So if you just kind of look at the through line, it's very clear that inflation's come way down in a 12 to 8 month period.This is about as fast as inflation has ever fallen in the US, and we did it without a recession.It's not done, but, uh, but it makes me feel a lot better when you both see it for multiple months in a row, and you see the components that you're finally starting to see the declines of housing inflation that we've been anticipating.
What the median SEP dot says is long term unemployment and yet directionally the labour market has been cooling. What would it take to convert $10,000 into $1 million? Let’s do the math and see stocks that have the potential to make you a millionaire. The post Want $1 Million in Retirement? Invest $10,000 in These 3 Stocks and Wait a Decade appeared first on The Motley Fool Canada.TD stock may look undervalued, but there are reasons for the price drop. Meanwhile, this dividend superstar has more to come. The post 1 Dividend Superstar I’d Buy Over TD Bank Stock appeared first on The Motley Fool Canada.
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