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Yellen says U.S. economy remains solid, on path to 'soft landing' with no meaningful layoffs

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Summary
Nutrition label

89% Informative

Janet Yellen says the economy is "deep into a recovery" and "basically operating at full employment" Yellen: "I don't see red lights flashing" August nonfarm payrolls increased by 142,000 , slightly lower than the Dow Jones forecast of 161,000 .

The unemployment rate edged lower to 4.2% and job growth in August was higher than July .

The S&P 500 fell Friday to finish out the worst week since March 2023 .

VR Score

94

Informative language

96

Neutral language

88

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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