US labour market defies the Federal Reserve and continues to improve

Created
Wed, 12/04/2023 - 15:49
Updated
Wed, 12/04/2023 - 15:49
Last Friday (April 7, 2023), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – March 2023 – which revealed continuing employment growth and rising participation with unemployment falling modestly. A good confluence of events. We have been looking for a turning point in the US labour…