The labor market is cooling as higher interest rates curb demand. Job growth slowed in October and the unemployment rate climbed to 3.9%, the highest level since January 2022. With 1.5 job openings per every unemployed person in September, conditions remain fairly tight.
Related Keywords
United States , New York , Washington , Americans , Goldman Sachs , Lou Crandall , Group Fedwatch , Labor Department , Federal Reserve , Reuters , Us Weekly Jobless Claims , Us Economy , Us Jobs , Federeal Reserve , Us Inflation ,
comparemela.com © 2020. All Rights Reserved.