Automation Engineers Sought for Smart Manufacturing in Ningbo

Automation Engineers Sought for Smart Manufacturing in Ningbo

Non-standard automation engineer wanted in Cixi, Ningbo. Responsibilities include designing, drawing, and improving non-standard equipment. Hangzhou Liyi Exhibition Co., Ltd. Ningbo Office offers broad development prospects, contributing to the automation upgrade of the cross-border e-commerce industry. The work location is at Liyi Automation in Cixi City. We are looking for a motivated individual to join our team and contribute to innovative solutions in the field of non-standard automation.

US Service Sector Grows Modestly Amid Employment Worries

US Service Sector Grows Modestly Amid Employment Worries

The July ISM Non-Manufacturing Index edged up to 52.6, signaling continued expansion in the service sector. However, the Employment Index sharply declined to 49.3, raising concerns about the economic outlook. The report indicated robust business activity, but challenges persist due to weak business confidence and rising prices. Overall, the non-manufacturing sector faces multiple pressures including technological changes, globalization, and labor shortages, requiring careful navigation.

Fed Balances Rate Policy Amid Economic Uncertainty

Fed Balances Rate Policy Amid Economic Uncertainty

Federal Reserve official Daly pointed out the current economic situation is complex, with optimism from businesses coexisting with concerns from the public. Inflationary pressures are intertwined with employment risks, requiring the Federal Reserve to be cautious in its decisions regarding raising or lowering interest rates. The Fed must stabilize prices while ensuring full employment, avoiding unnecessary shocks to the economy. This delicate balance necessitates careful consideration of both inflationary signals and the health of the labor market before implementing any policy changes.