Powell Said Payroll Jobs May Be Overstated, The Labor Report Likely To Confirm An Imminent Recession
Powell said that payroll jobs "may be a bit overstated" at the June post FOMC meeting press conference. So you put all that together—what you have is still-low unemployment, still 4 percent ...
Hiring picked up sharply in September, reversing signs of a cooling labor market. In September, the economy added 336,000 nonfarm payroll jobs, above the average gain of 267,000 over the previous 12 ...
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