Recently, Fed official Barkin expressed his views on the current employment market situation. He pointed out that the current unemployment rate of 4.2% is not a concerning number. In fact, the unemployment rate has remained relatively stable, and the slowdown in job growth is in line with the deceleration of labor force growth.

Barkin specifically mentioned that initial employment data often attracts more market attention compared to subsequent revisions. It is worth noting that although companies are being cautious in hiring, there may not be much room for further layoffs at present, as a certain level of workforce optimization has already been carried out in the early stages.

From an overall economic perspective, household consumption remains an important force supporting the economy. Barkin believes that, considering wage growth and employment conditions, the potential for household consumption is still strong. This consumption momentum is expected to offset some of the pressures that other economic sectors may face.

Analysts pointed out that Barkin's remarks reflect the Fed's recognition of the resilience of the labor market, while also suggesting that monetary policy may continue to maintain a cautious stance. With inflationary pressures still present, the performance of the labor market will be one of the key factors determining the direction of future policy.