US Labor Market Appears to Hold Steady
There's more data to come between now and September, including the August jobs report. Nobody should be losing a ton of sleep over the state of the labor market or over the economy overall.
In the wake of the data, Fed officials have called the labor market "solid." Many economists agreed. "The bottom line is that there is no evidence of major cracks forming in the labor market ...
But the occupational churn metric showed the pace of disruption slowing by 1990 as the labor market entered a stretch of low churn. Then another surprise appeared in the data. "From 2019 onward ...
US stocks opened lower Friday as investors digested key data about the health of the labor market. The Dow opened 0.3% lower, down by around 75 points. The broader S&P 500 opened 0.2% lower and ...
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