Slowing inflation seen improving jobs outlook

Sep 13, 2024 12:30 am

UNEMPLOYMENT may have risen but slowing inflation could lead to improvements in the labor market, GlobalSource Partners analysts said in a commentary released earlier this week.

'The expected decline in the inflation rate may be expected to boost private consumption thus supporting a strong GDP (gross domestic product) performance,' Diwa Guinigundo and Wilhelmina Manalac said in a September 9 report.

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