Yellen: U.S. Economy Strong, Job Growth Slows
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recessionCNBC
•Yellen says U.S. economy remains solid, on path to 'soft landing' with no meaningful layoffs
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
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96
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88
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