US labour market slows a bit but no sign of a major contraction yet

Created
Mon, 13/03/2023 - 12:44
Updated
Mon, 13/03/2023 - 12:44
Last Friday (March 10, 2023), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – February 2023 – which revealed a slight dip in the number of net payroll jobs created and a slight increase in the unemployment rate. It is too early to say whether this…