Powell: Despite Slower Job Growth, the Labor Market Remains Strong
According to a report by Jinse Finance, Federal Reserve Chair Jerome Powell stated in his speech that the labor market remains robust, as indicated by metrics such as the quit rate, job vacancies, and unemployment rate. He noted that although the pace of job creation has slowed, the growth rate of labor supply is also decelerating. Market analysts suggest that while he did not explicitly mention it, this is widely believed to be related to a decrease in immigration.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Exchange Sues FDIC for Obstructing Disclosure of Regulatory Documents
Tether Surpasses South Korea to Become the 18th Largest Holder of US Treasury Bonds
Trending news
MoreCrypto prices
More








