Labor market back to where they were before pandemic (Il Sole 24 Ore Radiocor) - 09 Jul - In the labor market, a broad set of indicators suggests that conditions have returned to about where they stood on the eve of the pandemic: strong, but not overheated, Powell added.

Strong job creation over the past couple of years has been accompanied by an increase in the supply of workers, reflecting increases in labor force participation among individuals aged 25 to 54 and a strong pace of immigration, he said.

"Nominal wage growth has eased over the past year. The strong labor market has helped narrow long-standing disparities in employment and earnings across demographic groups.".

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(RADIOCOR) 09-07-24 16:56:59 (0483) 5 NNNN