MacroVoices #388 Lakshman Achuthan: Recession Still On Deck
Macro Voices
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The Cyclical Impulse in the Labor Market
The jobs market has been a big puzzle for everybody. Jobs were at this slowest in over two years, but still people think it's solid. The question we have right now is how long can non-cyclical forces hold up the labor market? And that's an open question. Maybe it's next month or the month after that we see the crack starting to appear."
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