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May jobs report shows hiring isn’t ready to cool, while layoffs rise

May jobs report shows hiring isn’t ready to cool, while layoffs rise
A red-hot labor market remains and that should keep the pressure on the Fed, which will also delay second half of the year recession calls. ​ The May jobs report showed robust hiring, a significant increase in layoffs, and easing wage growth. ​ The last Fed messaging we got before the blackout period (officially starts tomorrow) was […]... Read More
Posted: Jun 2 2023, 15:21
Author Name: marketpulse
Views: 101945

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