Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a lot of people.piece, is very important to me. I worry most about the drop in the hiring rate now—not so much about it being recessionary but about the lost potential. Also, there’s some personal news at the end.was awesome after months of cooling in the labor market and reinforced other signs of economic strength.
Yet this hesitation, which could lead to further increases in the unemployment rate and softer payroll gains, will only feed worries about recession risks.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sahm rule creator sees 50-bps Fed rate cut on labor market worriesSahm rule creator sees 50-bps Fed rate cut on labor market worries
Source: Investingcom - 🏆 450. / 53 Read more »
Fed Officials Weighing Job Market Strength Amid Inflation SlowdownCNBC Daily Open reports on Federal Reserve officials weighing the strength of the job market against slowing inflation. Minneapolis Fed President Neel Kashkari emphasizes a healthy labor market while Atlanta Fed President Raphael Bostic notes quicker progress on inflation and cooling in the labor market.
Source: nbcchicago - 🏆 545. / 51 Read more »
US Job Market Cools but Remains StrongThe 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.
Source: ABC7NY - 🏆 592. / 51 Read more »
Shanahan Surprised By Saleh's Job Market ReturnSan Francisco 49ers head coach Kyle Shanahan expressed surprise at the recent dismissal of former defensive coordinator Robert Saleh by the New York Jets. While a reunion this season appears unlikely due to Saleh's contract and desire for vacation time, Shanahan hinted at potential future collaboration.
Source: FOXSports - 🏆 280. / 63 Read more »