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The U.S. Labor Market Throws Another Curveball with Peter Boockvar

Real Vision: Finance & Investing

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The Decline of Labor Under Utilization

The U6 chart shows the decline in labor under utilization, a broader measure of unemployment. This is something that is worth watching going forward, particularly after the recent uptick in jobs claims. The higher interest rate environment could last for a period of time as more of a silent killer to economic activity rather than something you're going to read about on the front page of the Wall Street Journal every single day.

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