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Wash: Unemployment rate lower than a year ago, employment growth accelerates

2026-10-29 02:56:47

Federal Reserve Chairman Waller stated at a press conference that the unemployment rate in the United States is lower than a year ago, the number of jobs has grown significantly faster than last year, and the four-week moving average of unemployment claims remains at its lowest level in decades. He believes that the current situation is quite good regarding the employment goal of the Federal Reserve's dual mandate.

Interpretation
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