Thursday 16 October 2025
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wn.com - 5 hours ago

Fed chair flags concern about slowdown in job creation

WASHINGTON — US Federal Reserve Chair Jerome Powell warned on Tuesday that employment risks had risen in recent months, noting there had been a sharp slowdown in job creation in the world s leading economy. While the unemployment rate remained low through August, payroll gains have slowed sharply, likely in part due to a decline in labor force growth due to lower immigration and labor force participation, he told a...


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