Federal Reserve Barkin: Employment data are not satisfactory, but this is the case

On 7 August, the Federal Reserve Fund indicated that employment data were very consistent with a weak and balanced employment market. The current job market is more characterized by “low recruitment, low layoffs”. The (latest) employment data are not satisfactory, but this is the current reality. It can be said that the job market is currently in an environment of “zero to moderate growth”. Barkin also stated that the business ' s profitability had been strong and had been growing well, and he was concerned about the link between the business ' s profitability and the job market。