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September 01, 2020 1:29pm
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US Layoffs Far Higher Than Suggested By Initial Jobless Claims, JOLTS

When it comes to labor market data (or rather “data”), Biden’s labor department is a study in contrasts (and pats on shoulders). One day we get a contraction in PMI employment (both manufacturing and services), the other we get a major beat in employment. Then, one day the Household survey shows a plunge in employment […] Source
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