Labor Market Recap May 2025
The Fed will be able to lean on the still-low unemployment rate as a reason for them to hold of making any decisions about interest rates, but the outlook for the labor market is not great.
The Fed will be able to lean on the still-low unemployment rate as a reason for them to hold of making any decisions about interest rates, but the outlook for the labor market is not great.
So far, pain from the tariffs has not shown up in any obvious way in the labor market data, and it may not for a few months.