According to online reports, Nick Timiraos, the "sounding board of the Federal Reserve", posted that Fed officials said that they may be more concerned about the unemployment rate than job growth in assessing whether labor demand is slowing. The reason is that they expect employment growth to naturally slow down as tighter border controls reduce the number of people available for work. When job growth slows and the unemployment rate remains stable, it may indicate that the supply of labor is falling faster than demand is falling. The Fed's bottom line is this: As long as unemployment remains at current levels, the Fed will not necessarily be concerned about slowing job growth. (Jin Shi)