The recent shift in monetary policy and the Trump administration’s economic agenda have raised concerns about inflationary ...

But, on many other measures, we see a labor market that is gradually cooling. Perhaps the most important numbers in the report were the downward revisions to estimates of job growth in April and May.

In his most recent press conference, Federal Reserve Chair Jerome Powell characterized the labor market as "broadly stable." And in this week's lead-up to the January jobs report, the incoming ...