The latest employment report from the U.S. Bureau of Labor Statistics (BLS) revealed signs of meaningful weakness in the labor market, with the unemployment rate climbing to 4.6 percent, the highest level since September 2021. It is up from the 4.4 percent reported in the previous month, in the most recent pre-shutdown data — and a weakening job market is set to have significant implications for investors in real estate, infrastructure and other real assets.
Analysts and policymakers had hoped the report would help clarify the state of the economy after months of conflicting signals, reported The New York Times. This month’s report is the first major labor data to be published since a 43-day federal government shutdown stalled the normal collection of employment statistics, leading to
