BBCNEWS Asia July 2, 2024
happening in thejobs market. employers are growing more cautious, putting off hiring. employees are sticking around longer. one caveat — we could see some distortion to the numbers. the auto and actor strikes both ended in november with many returning to work that same month. plus, the end of the year is when many seasonal workers get taken on. now, america's central bank, the federal reserve, will be watching closely — that's because slowerjob growth and wage gains will fuel expectations that the fed will leave rates on hold. rates have risen to above 5% from nearly zero since m...