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

CNBC's "Last Call"

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The Unemployment Rate and the Twenty Twenty One Child Tax Credit Expansion

A challenge with direct subsidies is that supply curves slope upward. Unless supply of child care services can instantaneously respond, you're going to get some price pressures. The distinction between the twenty seven child care would go up. Wouldn't be fifteen hundred a month. It might be two thousand a month now. A critical issue. All right. We are just getting started on this Friday coming up. Jenny Yellen starting off a high stakes meeting in Beijing with an unexpected bang plus it is pedal to the metal for electric truck maker Rivian as this sloth of a stock finally sped up.

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