15 Hrs
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الاقتصادية
US jobs report bolsters Warrish's labor view
The U.S. labor market saw a rebound in job growth during August, with economists expectings adding around 55,000 jobs after an unexpected decline in July. This reflects stability that supports the Federal Reserve’s decision to focus on combating inflation. The unemployment rate is expected to remain at 4.1%, while steady demand for labor, coupled with limited layoffs, indicates full employment. The central bank remains committed to price stability, especially as inflation continues to stay above the Fed’s 2% target, which could lead to a potential increase in interest rates in September.
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