We may have buried the lede in this article. Before #jobsday I want to be clear that our data show a stabilization or even improvement in labor markets after the accelerated cooling this year ->August. My view: the risk that labor markets worsen is now low. www.minneapolisfed.org/article/2024...
minneapolisfed.org
Where is the U.S. labor market heading? Interpreting the mixed signals| Federal Reserve Bank of Minneapolis
New data series connects layoffs with the unemployment rate, providing a fresh look at where the labor market might be headed