Experts Warn of Temporary Job Market Weakness Despite Overall Economic Strength
TL;DR Summary
Gary Cohn, IBM vice chair and former Trump economic official, stated that the job market has degraded recently, likely due to companies cutting labor costs amid economic challenges, but this may be a temporary situation as the Federal Reserve has acknowledged a cooling labor market and implemented a rate cut to address economic slowdown.
- Former Trump economic official Gary Cohn says "we've seen the job market degrade," though it may be "temporary" CBS News
- Here’s Why the US Economy Looks Solid Despite Soft Labor Market, According to Former National Economic Council Director The Daily Hodl
- Vice chairman of IBM on the Federal Reserve lowering interest rates and job numbers KSWT
- Transcript: Gary Cohn on "Face the Nation with Margaret Brennan," Sept. 21, 2025 Sandhills Express
- Former Trump adviser warns of weakening job market, notes Fed’s independence (TLT:NASDAQ) Seeking Alpha
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