US Job Market Cools but Remains Strong

  • 📰 ABC7NY
  • ⏱ Reading Time:
  • 18 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Business समाचार

Job Market,Economy,Unemployment

The US labor market shows mixed signals, slowing from its pandemic-era boom but still demonstrating resilience. The unemployment rate has climbed but remains near historic lows. The Federal Reserve's recent interest rate cut aims to counter potential job losses.

The US job market is showing mixed signals, slowing down from its pandemic-fueled boom but still maintaining a healthy level of employment. While the unemployment rate has climbed this year, it remains near historic lows. A recent jumbo-sized interest rate cut by the Federal Reserve was seen as an attempt to counter rising joblessness, even as Fed Chair Jerome Powell expressed confidence in the economy's strength.

Some economists downplay concerns about a slowdown, citing strong job growth and other positive indicators. Others, however, warn about potential layoffs and the trajectory of labor conditions. The job market's performance is a crucial factor for both current employees and those seeking work, raising questions about where the economy is headed

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 592. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Ethena's Yield Machine Sees $1B Outflows as Crypto Market CoolsKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
स्रोत: CoinDesk - 🏆 291. / 63 और पढो »

Fed Expected To Cut Interest Rates As Inflation Cools And Jobs Market WanesThe Federal Reserve is widely anticipated to lower interest rates at its upcoming meeting as inflation moderates and the job market shows signs of cooling. While the size of the rate cut remains uncertain, experts predict it will mark a significant shift in the Fed's monetary policy.
स्रोत: 6abc - 🏆 250. / 63 और पढो »

Bitcoin and crypto market survives supply overhang as Celsius repayment distribution coolsCelsius, a defunct crypto lending company, has repaid more than half of its creditors, according to a filing made on Monday.
स्रोत: FXStreetNews - 🏆 14. / 72 और पढो »

Job openings fell more than expected in July in another sign of labor market softeningThe closely watched Job Openings and Labor Turnover Survey showed that available positions fell to 7.67 million on the month.
स्रोत: NBCLA - 🏆 319. / 59 और पढो »

US job market shows resilience with increased hiring in AugustHiring by America’s employers picked up a bit in August from July's sluggish pace, and the unemployment rate dipped for the first time since March.
स्रोत: komonews - 🏆 272. / 63 और पढो »