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ARTICLE · 29 JANUARY 2025

Cozen Cities - January 22, 2025

Cozen O'Connor
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Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is stabilizing at full employment and is not a sign of an overheating economy.

United StatesGovernment, Public Sector
Rose Christ
Rose Christ
John Dunn
John Dunn
Joseph Hill
Joseph Hill
Katie Schwab
Katie Schwab

Labor & Employment

CHICAGO — Data Shows City's Labor Market Stabilizing

Federal Reserve Bank of Chicago President Austan Goolsbee said the latest jobs report suggests the labor market is stabilizing at full employment and is not a sign of an overheating economy.

LOS ANGELES — Wildfires Displace Thousands of Workers, Raising Economic Concerns

Thousands of low-income and immigrant workers in Los Angeles have lost their jobs due to the devastating wildfires, which may have a lasting impact on their income. The fires are also raising concerns about broader economic effects, with early estimates ranking them among the 20 costliest natural disasters in U.S. history as a share of GDP.

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