Is the U.S. Labor Market Cooling Down?

According to Odaily, Jamie Cox of Harris Financial Group notes that while the U.S. job market remains strong, it’s starting to cool. Recent revisions in the non-farm payroll report suggest slowing momentum, prompting expectations that the Federal Reserve may resume interest rate cuts in July.

Wages are currently stable, but shifts may come soon. The real estate sector is showing early signs of strain, and a softer labor market could worsen the trend. All eyes are now on how the Fed will respond to these subtle but significant economic signals.