✉news BusinessEconomy first seen 23 h ago, last 1 h ago, peak #3
US Job Growth Cools as Unemployment Ticks Higher
Original: Job Growth Cools and Unemployment Ticks Higher
New US labor market data show hiring slowed last month while the unemployment rate edged higher, according to The New York Times. The figures point to a cooling economy and are likely to feed debate over whether the Federal Reserve will cut interest rates at its next meeting.
Why now: Fresh jobs data signal a weakening labor market, raising questions about the economic outlook and interest rate policy.
United StatesFederal ReserveThe New York Times
Evidence
- Job Growth Cools and Unemployment Ticks Higher · The New York Times
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