Posted 1/30/2024, 4:34:25 PM
Job Market and Economy Show Signs of Strength Amid Global Uncertainty
- Job openings and layoffs remain steady, indicating the job market is holding steady
- Consumer confidence rose for the third straight month to 114.8 in January, the highest since December 2021
- Job openings edged up slightly in December while layoffs remained low at 1%
- Home prices grew 0.3% in November, a slight slowdown from October's 0.3% growth
- The IMF predicts the resilient U.S. economy could help lead to a soft global economic landing over the next 2 years