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Economics

US Labor Market Shows No Signs of Inflationary Pressure, Says Latest Report

RT by NYT: The latest labor market report indicates that the unemployment rate has decreased to 4.2 percent, while average hourly earnings remain steady. This development provides Federal Reserve Chairman Kevin Warsh with the opportunity to focus on combating inflation without undue pressure from the labor market.

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inflationUS economyFederal Reservelabor market
US Labor Market Shows No Signs of Inflationary Pressure, Says Latest Report
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