This is a news story, published by Yahoo Finance (Canada), that relates primarily to The Federal Reserve's news.
For more unemployment news, you can click here:
more unemployment newsFor more news from Yahoo Finance (Canada), you can click here:
more news from Yahoo Finance (Canada)Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about
interest rate cuts. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest softer labor market conditions news, Fed officials news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Federal ReserveReuters
•81% Informative
The Federal Reserve's latest temperature check on the health of the economy also showed that inflation pressures increased at a modest pace.
The Fed is trying to engineer a so-called "soft landing" for the economy.
The unemployment rate hit a 2-1/2-year high of 4.1% in May and annual wages increased at the slowest pace in three years .
VR Score
93
Informative language
99
Neutral language
64
Article tone
formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links