Jobs Market in 'Wait and See' Mode, Retail 'Splurge' Still to Come
Description
"Wait and see" continues to serve as the attitude of the jobs market, says Christine Short. She attributes much of the weakness seen in the recent string of reports to cutbacks in the federal government, while employers elsewhere limit new hires due to economic uncertainty. On retail sales, Christine expects customers to "splurge" for the holiday shopping season and anticipated tax cuts to benefit the 2026 shopping year.
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