5min chapter

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#1303 Darius Dale on Interest Rates, Fed, Election Year, Macro Outlook

The Pomp Podcast

CHAPTER

Introduction

This chapter delves into the current state of the US economy with a specific focus on the labor market. The hosts analyze crucial data such as job openings, hires rate, and quits rate to determine the tightness and slack in the labor market. They also highlight how lower turnover in recent quarters has been beneficial for the economic expansion by relieving pressure on wages.

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