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Let’s hope it continues like this - September 1, 2023
Episode 241
Published 3 years, 2 months ago
Description
The job data that everyone was waiting for didn’t disappoint. Employers added 187,000 jobs in August and the unemployment rate rose to 3.8 percent, while 3.5% was expected. The Bureau of Labor Statistics also revealed that wage growth slowed. This shows that the job market is cooling, and strengthens the case for ending rate hikes.
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