Marty Cantor, economic development consultant and CPA, joined Cheddar News to talk about the state of the labor market, particularly as numbers suggest it is cooling down. Cantor said people are holding on to their jobs rather than exploring the market because of lower wages and a smaller pool of options to go elsewhere.
The nation's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.
Walgreens Boots CEO Rosalind Brewer has stepped down after less than three years at the helm of the drug store chain that is undergoing a sizeable transformation, one that has come at a cost.