Healthy US labour market gives 'further ammunition' to Fed hawks
Last week's very strong labour market report showed robust job creation and a rising participation rate, pushing the alleged AI jobs apocalypse further into the future. A net 162k jobs were added in August, not only well above the median estimate but comfortably above even the top-end projections.
Last week's very strong labour market report showed robust job creation and a rising participation rate, pushing the alleged AI jobs apocalypse further into the future. A net 162k jobs were added in August, not only well above the median estimate but comfortably above even the top-end projections.
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