Tag: Unemployment rates
July Job Openings Decline, Indicating Labor Market Softening
The Labor Market Softens as Job Openings Decline in JulyIn a recent report released by the Labor Department, it was revealed that job openings took a significant hit in July, dropping to their lowest...
Why a Global Recession is Unlikely: Economic Outlook and Trends
A weak jobs report in America has caused concerns about a possible global recession. This news has led to a decrease in stock markets not only in America but also in other countries like...
Central Bankers’ Public Arguments: Pros and Cons
Jerome Powell, the chairman of the Federal Reserve, has been known for his steady leadership. However, his recent decision to keep interest rates at 5.25-5.5% on July 31st raised concerns. This announcement was quickly...
Richmond Fed President Barkin: Insights on Companies’ Hiring and Firing Trends | Forexlive
Thomas Barkin, the Richmond Fed President, recently shared some valuable insights on the current hiring and firing trends in companies. According to him, there seems to be a notable shift in the labor market...
The Unlikelihood of a Global Recession in the Near Future
As investors around the world anxiously watch the global economy, the recent weak jobs report in America has sparked concerns about a potential recession. The stock markets in the United States have experienced a...
Fed’s Interest Rate Cuts: Key to Preventing Recession – Market Outlook
Federal Reserve Chairman Jerome Powell and the rest of the central bank are facing a critical decision that could impact the economy and the financial markets. The recent turbulence on Wall Street has raised...
Optimal Performance of Swing-State Economies: A Closer Look
The swing-state economies are showing optimal performance, but some believe they could have done even better if the Biden-Harris administration had been more strategic in their approach. While strong economic fundamentals are important, they...