Is the Labor Market About to Crack? It’s the Key Question for the Fed.

Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience. Labor and Jobs, Banking and Financial Institutions, Hiring and Promotion, Wages and Salaries, Regulation and Deregulation of Industry, Layoffs and Job Reductions, Inflation (Economics), Interest Rates, United States Economy, Federal Reserve System Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience. NYT > Business

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