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The U.S. Labor Market Throws Another Curveball with Peter Boockvar

Real Vision: Finance & Investing

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The Decline of the Unemployment Rate

The non-farm payrolls monthly change number, obviously, out today for June of 2023. You can see that moderation, in effect. Also, I want to take a look at the unemployment rate. This is a longer-term picture and dates back to 1970 on this chart. It's low right before you enter a recession.

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