The labor market is bound to set inflation on a"rollercoaster," which will weigh on stocks and the economy, according to BlackRock.
According to the firm, there are around 4 million fewer workers today in the US than there would have been if the job market kept growing at its pre-pandemic pace. That's kept the competition for workers among businesses strong, which has fueled wage growth.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder: