US job market holds firm despite economic headwinds
Summarised from 2 outlets · Updated 2 Oct, 12:49 · Archive
The US job market has remained resilient despite trade wars, inflation, high interest rates and rising fuel prices.
The official numbers show that the US job market has proved sturdy in the face of successive shocks. President Donald Trump's trade wars, persistent inflation, high interest rates and a conflict with Iran that has sent petrol prices soaring have all placed pressure on the economy and squeezed family budgets.
Despite these headwinds, employment has remained relatively solid, though consumer confidence about the broader economic outlook appears to lag behind the strength of the jobs figures.
How it is being reported
- Confidence about the economy is in short supply despite a relatively solid job marketClickorlando · 1 Oct, 18:31
- Confidence about the economy is in short supply despite a relatively solid job marketNews4Jax · 1 Oct, 18:31
In this story: United States · Donald Trump · Iran
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