U.S. Labor Market Activity: Slowing, Not Weakening
While the Fed has emphasized that future policy decisions would be based on the “totality” of upcoming economic data, make no mistake, employment reports go to the front of the line. As the September FOMC meeting approaches, Kevin Flanagan analyzes the latest jobs numbers on this week’s episode of the Basis Points podcast.
Basis point: 1/100th of 1 percent.
The skinny
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