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Labor market insights beyond the government data
The labor market has slowed down this year, contributing to recent cuts in the fed funds rate. What seems to be contributing to lower job numbers? How are economists and the Fed able to assess the strength of the labor market without the BLS employment report – which has been halted by the government shutdown. Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers discuss these topics and provide their outlook for job growth. [NFM-22911AO]
The skinny
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