Back to today’s briefing

Story perspectives

Mixed Signals in Job Market Prompt Possible Fed Rate Cut

11/19/2025

38 6

Summary

Story summary

On November 17, 2025, White House economic adviser Kevin Hassett said the job market shows mixed signals and may slow.
In a CNBC interview, he said the labor market may be quieting while output markets stay strong, as firms use artificial intelligence (AI) to boost productivity and reduce hiring.
Economists say a weakening labor market could lead the Federal Reserve to consider a 25 basis point rate cut next month.

1 of 1

Story summary

On November 17, 2025, White House economic adviser Kevin Hassett said the job market shows mixed signals and may slow.
In a CNBC interview, he said the labor market may be quieting while output markets stay strong, as firms use artificial intelligence (AI) to boost productivity and reduce hiring.
Economists say a weakening labor market could lead the Federal Reserve to consider a 25 basis point rate cut next month.