The latest Beige Book report from the US Federal Reserve shows that economic activity in the country remained essentially unchanged over recent weeks. However, employment growth had slightly moderated, with some districts reporting a slower pace compared to the previous reports. The labor market continued to be tight, with several districts noting increases in the labor supply and better employee retention, helping employers to fill openings. Despite this, wage growth remained elevated. Comments from different districts indicated mixed labor demand, with a few noting softening, but some still reporting strong activity. Firms seemed to be taking longer to make hiring decisions due to economic uncertainty, and there have been some scattered layoffs in certain sectors.