Economist Notes Persistent Stability in U.S. Labor Market Conditions
The Conference Board’s Yelena Shulyateva describes the labor market as "frozen" while discussing November U.S. consumer confidence data.
Summary
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Terms & Concepts
Consumer Confidence: An economic indicator measuring the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.
Labor Market: The supply of and demand for labor, where employees provide the supply and employers the demand.