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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 […]...
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Posted: Jun 2 2023, 15:21
Author Name: marketpulse
Views: 101945