Surveillance: US Payrolls Surprise
Bloomberg Surveillance
00:00
Consumers Are Telling You That Things Are OK in the Labor Market
The labor differential from the conference board, also a January data point that was out earlier this week, I believe it rose to a three month high. And consumers are telling you that things are okay in the labor market and consumers have a habit of spotting changes in their own local economies before the data. So if you don't want to take the BLS's word for it, maybe we can just take the American consumers word for it.
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