Fed's Rate Cuts: Will They Fix Job Market?

The Federal Reserve is grappling with the challenge of reviving Americas job market through interest rate cuts, but experts question if this traditional approach will truly address the underlying issues. Despite a noticeable slowdown in job creation, with only 22,000 jobs added in August and a loss in June, the unemployment rate remains low due to fewer people entering the workforce. The Feds strategy of lowering rates to stimulate spending and hiring is being debated, as it may not be sufficient or could even introduce new problems.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.