Barkin: Employment report shows hiring remains sluggish, attention needed on unemployment rate and inflation risks

ChainCatcher News, according to Golden Ten Data, Federal Reserve's Barkin stated that the latest employment data shows moderate job growth and a persistently sluggish hiring environment. Data released by the U.S. Bureau of Labor Statistics showed that employers added 50,000 jobs last month, and the unemployment rate slightly declined to 4.4%. Barkin pointed out that the balance between moderate employment growth and labor supply continues, but attention should be paid to the risks of rising unemployment and persistently high inflation.