• 11/26/2024

U.S. Hiring Slowed to 150,000 Jobs in October

Wall Street Journal

The numbers point to an economy that is losing steam as it confronts higher borrowing costs following the Federal Reserve’s rate hikes earlier this year, persistent inflation and wars in Europe and the Middle East. The report could lead Fed officials to extend their pause in rate increases.

https://www.wsj.com/articles/what-to-watch-in-fridays-jobs-report-how-long-can-labor-market-keep-booming-4589850f