Unemployment Is Up, Job Growth Is Slowing, Rate Cuts Incoming

The unemployment rate surpasses 4% for the first time since January 2022. This comes at a time of increased jobseekers, and weakening job and wage growth numbers. The Fed may respond to these figures in their next meeting, but are unlikely to cut rates …

The unemployment rate surpasses 4% for the first time since January 2022. This comes at a time of increased jobseekers, and weakening job and wage growth numbers. The Fed may respond to these figures in their next meeting, but are unlikely to cut rates …

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