Article Snip: "...weakness in the labor market add to the central bank's list of risks to manage. ...With inflation still running above the central bank’s 2% target, the fear is that any further softening in labor conditions could start to snowball and put economic growth at risk. “Any change in the outlook for the labor market could have significant implications for the direction of the economy and monetary policy,” said Rubeela Farooqi, chief US economist at High Frequency Economics. “If there is one thing we know for sure, it is that conditions change very quickly.” ..."
Article Reference: www.investmentnews.com
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