T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, ...
The US labor market cooled notably last month as both hiring and wage growth slowed more than economists had expected in ...
US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.
Costs are too high ... High Frequency Economics chief US economist Rubeela Farooqi. Labor market strength will probably prop up household spending and economic growth. But stubborn inflation ...
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.
The US economy cooled ... and stable growth." He also stressed that unemployment has remained below four percent for more than two years. "But we have more work to do. Costs are too high for ...
Costs are too high for working families ... according to High Frequency Economics chief US economist Rubeela Farooqi. Labor market strength will probably prop up household spending and economic growth ...