US labour market continues to tick over – no sign of a major slowdown yet

Created
Mon, 08/05/2023 - 12:15
Updated
Mon, 08/05/2023 - 12:15
Last Friday (May 5, 2023), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – April 2023 – which revealed continuing employment growth and and modest declines in unemployment. While the US Federal Reserve is deliberately trying to undermine the labour market, even though the inflation rate…