Bloomberg: The job market has cooled, what does the Fed think about the current employment situation?
FED: The labor market is returning to balance between supply and demand.
In terms of supply, the number of jobs is down, wages are up less, but the unemployment rate is still good.
Bloomberg: But in the latest report, the unemployment rate and the number of jobs are not in line with each other, what do you think?
FED: It is true that the indices do not agree, but we are looking at the sum of many months' data, not just one month's data. The bottom line for now is that the job market is still good.
