Softening labor market rises as the economy's top threat
TL;DR
Data piling up point to a weakening labor market as the main risk to the US economy this year, potentially slowing growth and paving the way for further rate cuts, with economists like Mark Zandi saying the jobs market remains fragile and job creation is faltering.
- This week provided more evidence that a softening labor market is the economy's biggest threat CNBC
- THINK Ahead: Why the Fed’s jobs market confidence could prove misplaced ING THINK economic and financial analysis | ING THINK
- Rate Cut Odds Surge on Flurry of Lackluster Jobs Data TipRanks
- Over 23% of traders now expect interest rate cut at next FOMC meeting TradingView
- Jobs market health still in question ahead of Jan payrolls Capital Economics
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