Paijie Investment: it's getting harder and harder to find a job in the United States.

On August 22nd, according to the report by Nancy Lazar and Dave Wigglesworth from Pajie Investment, the number of initial jobless claims is likely to rise from 228,000 to 232,000 due to increased economic pressure. The number of people looking for jobs in the United States is likely to expand as excess savings have disappeared and credit is both difficult to obtain and expensive. With the slowdown in hiring demand and a large number of people re-entering the labor market competing for jobs, it is becoming increasingly difficult for the unemployed to find work and seek a rise in wages. The cooling labor market provides support for the Federal Reserve’s interest rate cuts.