White House Economic Advisor Hassett says the breakeven rate for monthly job growth is around 50-60k
The comments from White House Economic Advisor Hassett indicate that a monthly job growth of 50-60k is seen as the breakeven point for the economy.
US EQUITY OPEN: Indices rangebound amid conflicting ceasefire talk headlines
Morgan Stanley (MS) exec says Co. expects NII to build consistently over the course of 2026, seeing a modest sequential increase in Q2, via a conference call
White House Economic Advisor Hassett says the breakeven rate for monthly job growth is around 50-60k
Regional mediators are still pushing to extend the cease-fire between the US and Iran and arrange a second round of the talks, but progress has been slow, via WSJ citing officials
Israeli Official says we have not received any decision or request regarding a ceasefire in Lebanon, via Al Jazeera citing Channel 12
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This suggests that employment growth below this threshold may raise concerns about economic momentum and could influence future monetary policy discussions, particularly regarding interest rates and economic outlook.
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