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3min chapter
No Tax On Tips, Deep Fakes & LGBTQ Friendly Traffic Signs | PBD Podcast | Ep. 425
PBD Podcast
Analysis of Unexpected Spike in American Jobless Benefits and Implications for the Economy
The chapter explores the sudden rise of Americans filing for jobless benefits to a 10-month peak, suggesting a possible slowdown in the labor market due to elevated interest rates. Despite this, the labor market is characterized as historically tight, prompting considerations for interest rates, wage increases, inflation, and potential Federal Reserve interventions.
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