Employers added 353,000 jobs in January, the unemployment rate stayed at 3.7%, public polls show widespread dissatisfaction, but recent surveys show public approval gradually improving. The Fed took note of the economy's durability and Chair Jerome Powell said that while it's nearing a long-awaited shift toward cutting interest rates, it's in no hurry to do so. The text also mentions the intensifying presidential campaign pivoting in part on views of President Joe Biden's economic stewardship.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/02/january-jobs-report-335000-beats-expectations-soft-landing-economy/
#Employment #UnemploymentRate #PublicDissatisfaction #FedPolicy #PresidentialCampaign
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npub19v…mj236
2024-02-02 17:18:46
Author Public Key
npub19vqkmyttvpwpul5njms9ej6hgc30e2t03shnx9dzyvy4gwstcc4s0mj236Published at
2024-02-02 17:18:46Event JSON
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"content": "Employers added 353,000 jobs in January, the unemployment rate stayed at 3.7%, public polls show widespread dissatisfaction, but recent surveys show public approval gradually improving. The Fed took note of the economy's durability and Chair Jerome Powell said that while it's nearing a long-awaited shift toward cutting interest rates, it's in no hurry to do so. The text also mentions the intensifying presidential campaign pivoting in part on views of President Joe Biden's economic stewardship.\n\nRead this story from \"Fortune\" for free without being tracked.\n\nhttps://read.distractionfree.site/fortune/2024/02/02/january-jobs-report-335000-beats-expectations-soft-landing-economy/\n\n#Employment #UnemploymentRate #PublicDissatisfaction #FedPolicy #PresidentialCampaign",
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