Economists View 4% Unemployment as Indicator of Soft Landing

Reported 2 months ago

The US economy added 227,000 jobs in November, surpassing expectations, while the unemployment rate rose slightly to 4.2%. Economists weigh in on the implications for the Federal Reserve's interest rate policies, noting that wage growth could challenge narratives favoring rate cuts. Despite strong job figures, uncertainties remain regarding future economic direction.

Source: YAHOO

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