6min chapter

The Macro Trading Floor cover image

The Bond Market Is On Fire

The Macro Trading Floor

CHAPTER

Exploring U.S. Labor Market Dynamics

This chapter examines the current state of the U.S. labor market, comparing it to pre-pandemic levels and emphasizing the reliability of the establishment survey over the household survey. It discusses job recovery trends, stabilization indicators like the quits rate, and the balance between hiring and firing rates in the labor market.

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