What to expect from the jobs report: Steady, but cooler growth | CNN Business

And while economic data isn’t typically the sexiest of topics, the government’s jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Last July, for example, the US economy added 568,000 jobs — more than double the 250,000 that economists had expected. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady.

“But, conversely, the first issue Fitch highlights in their commentary is concerns about governance, most notably the debt limit standoffs,” Zhao said. “Usually, fiscal policy affects the labor market fairly slowly, but political crises have the potential to have a more immediate impact and if there’s a government shutdown or similar crisis in the cards, that risks pushing the economy off the tightrope to a soft landing and into a recession.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Fitch tells CNN why it downgraded America now | CNN BusinessFitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt.
Bron: CNN - 🏆 4. / 95 Lees verder »

MrBeast sues to shut down the ghost-kitchen that produced MrBeast Burger | CNN BusinessYouTuber MrBeast is suing the ghost kitchen behind the MrBeast Burger to stop production of the popular burger, claiming the company is taking advantage of his brand to expand rather than focusing on the quality of the food.
Bron: CNN - 🏆 4. / 95 Lees verder »

Writers union and Hollywood will resume talks, aiming to end the strike | CNN BusinessHollywood studios on Tuesday asked the Writers Guild back to the negotiating table in the first known talks since the nearly 100-day strike brought production of most television shows and movies to a halt.
Bron: CNN - 🏆 4. / 95 Lees verder »

Taylor Swift gives 'life-changing' $100,000 bonuses to Eras Tour truck drivers | CNN BusinessTaylor Swift thanked a slew of crew members who have done serious heavy lifting on the road with her — among them, the tour’s truck drivers — with a hefty bonus. Read more:
Bron: cnni - 🏆 326. / 59 Lees verder »