Solid Payrolls Print Belies Labor-Market Softening
Bloomberg Businessweek
00:00
The Household Survey and the Unemployment Rate
Each growth cooled, working hours shrank. And then the two sectors that we know are having the most trouble, information and manufacturing continued to post job losses. Even worse, if you look at, for example, black employment was at a record low of I think 4.7%. That seems to be worrying. It is worrying.
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