Labor market still robust, not 'in trouble': Philly Fed Pres.

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 46 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Federal Reserve News

Jerome Powell,Labor Market,Patrick Harker

An interest rate cut by the Federal Reserve can have several implications for the broader US economy, including the labor market. In his speech at the...

An interest rate cut by the Federal Reserve can have several implications for the broader US economy, including the labor market. In his speech at the Jackson Hole Economic Symposium Friday morning, Federal Reserve Chair Jerome Powell stated that the"time has come" to initiate rate cuts.

We can look at history as some guide, but it is not the guide and right now what we're seeing, think about what we went through.We a lot of people have joined the government, but in terms of a percent of overall labour market, it's back to around 15% where it was before the pandemic hit.Still, in areas like health care we're seeing, you know, it's still a lot of openings in health care.

ORLANDO, Fla., Aug. 23, 2024 -- A-GAME Beverages Inc. congratulates Demo Drougas, previous Business Development Executive, on his promotion to Senior Vice President of Retail Sales. Demo is a dedicated employee of A-GAME Beverages, previously responsible for customer sales and marketing development throughout the Northeast and North Central US markets. In his new role, Demo will be responsible for overseeing the US retail sales function and driving revenue growth. “IDOVER, Del.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Labor market 'complicating Fed's goal': Economist explainsIf the Federal Reserve cuts interest rates in September, what kind of immediate impacts will this have on the US economy and the labor market? The US Bureau ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Labor market can't cool 'too much more': Fmr. Fed Vice ChairFederal Reserve Chair Jerome Powell solidified that the time for rate cuts has arrived during his speech at the Jackson Hole Economic Symposium on Friday...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »