Powell says no 'risk-free' path
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The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.
Economists appear to be more optimistic on the U.S. economy now compared to a quarter ago, but expectations for job growth have soured, the latest survey from the National Association for Business Economics showed.
Economic uncertainty may be forcing retailers to pull back plans for hiring seasonal workers. Overall holiday hires could be much lower than last year and as low as we've seen them in 16 years, according to one forecast.
Economists marked up their estimates for US economic growth this year and next, though job growth is expected to remain weak, according to a survey from the National Association for Business Economics.
Surging business investment is expected to offset weaker growth in consumption and global trade and keep the U.S. economy growing near trend, according to a National Association for Business Economics survey,
The release of the September jobs report was delayed due to the federal government shutdown, and private companies are using their own research to compile their own data. Economist Daniel Altman joins “Morning in America” to break down the accuracy of those estimates.
Apollo Global Management’s chief economist, Torsten Slok, outlined why U.S. job growth has slowed despite continued economic expansion, pointing to a trio of structural factors shaping the labor market.
Morocco must step up the pace of economic reforms and create more jobs for its youth, according to its finance minister, who described recent Gen Z protests as a “wake up call” for the kingdom.