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Top related persons:
Noah Yosif - 2 Frederic J - 1 Brown - 1 Julia Pollak - 1 Pollak - 1 Aaron Terrazas - 1 Terrazas - 1 Andrew Hunter - 1
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Los Angeles U.S North America
Top related orgs:
Afp - 1 Getty - 1 U.S . Bureau of Labor Statistics - 1 BLS - 1 Workers - 1 Finance - 1 Union - 1 Capital Economics - 1

Search resuls for: "Noah Yosif"


2 mentions found


☆ Cooling job market no reason for panic yet, economists say: 'It's a slowdown, not a collapse'
  + stars: | 2023-11-03 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +4 min
Brown | Afp | Getty ImagesThe job market continues to show signs of cooling, but alarm bells aren't ringing just yet, economists said. The unemployment rate rose to 3.9% in October, from 3.8% in September, the BLS said. "There's almost no exception in this report: Every indicator suggests a slowing, slackening labor market," she said. "The days of explosive growth are gone, as the labor market shifts into healthier and more sustainable territory," said Noah Yosif, lead labor economist at UKG, a payroll and shift management company. The rise in the unemployment rate may also just be a sign that the extremely hot labor market is loosening a bit, Bunker added.
Persons: Frederic J, Brown, Julia Pollak, Pollak, Noah Yosif, Aaron Terrazas, Terrazas, Andrew Hunter, Nick Bunker Organizations: Afp, Getty, U.S . Bureau of Labor Statistics, BLS, Workers, Finance, Union, Capital Economics Locations: Los Angeles, U.S
☆ Labor Market Softens in October as 150,000 Jobs Added, Below Forecasts
  + stars: | 2023-11-03 | by ( Tim Smart | Nov. | At A.M. | ) www.usnews.com   time to read: +4 min
The economy added 150,00 jobs in October, suggesting a mild slowdown following September’s outsized gain, the Labor Department reported on Friday. Nonfarm payrolls comes in a bit light, downward revisions to previous 2 months and wage growth on the low end. On the margin it feels like it has softened up, but it's still a mighty hot job market,” says Steve Preston, CEO of Goodwill Industries. The Federal Reserve has been looking to the labor market for signs it has reached a better balance between supply and demand than a year ago. Chairman Jerome Powell noted that the labor market has remained strong even as interest rates have risen at a sharp pace over the past year.
Persons: ”, Noah Yosif, Nonfarm payrolls, ” Kathy Jones, it's, Steve Preston, ” Preston, Geno Cutolo, Scott Hamilton, ” Hamilton, Jerome Powell, “ We've Organizations: Labor Department, UKG, ”, Schwab Center, Financial Research, Goodwill Industries, Federal Reserve, Labor Locations: North America
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