What Friday's jobs report means for Fed's inflation fight

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  • Source:
    AP Top News Package, 10/07/2022
  • Additional Information
    • Abstract:
      Federal Reserve Board Chairman Jerome Powell speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Dederal Reserve building, Friday, Sept. 23, 2022, in Washington. (AP Photo/Manuel Balce Ceneta) FILE - Construction workers fasten the frame of a new building, Monday, May 3, 2021, in Miami. The number of available jobs in the U.S. plummeted in August 2022 compared with July as businesses grow less desperate for workers, a trend that could cool chronically high inflation. (AP Photo/Marta Lavandier, File) [ABSTRACT FROM PUBLISHER]