CNBC's "Last Call" cover image

Is the Fed Looking at the Right Jobs Data? 7/7/23

CNBC's "Last Call"

00:00

The American Jobs Market Is Not as Good as Some People Think

There are 9.8 million open jobs in America, if you believe the DC data. The labor force participation rate amongst 25 to 54-year-olds is 83%. It's the highest since 2002. Robert Rice: I'm concerned a little bit about the slowing down of the economy. Mark Moriel: Nothing seems to make sense here.

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