On the recordAugust 22, 2025
Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.
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cbsnews.comEditor's note · Context
Jerome Powell comments on the balance in the labor market amid slowing job growth.
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More from Jerome Powell
Oct 14, 2025
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Jul 1, 2025
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
Jun 3, 2026
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
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