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UBS On-Air: Paul Donovan Daily Audio 'Thrilling times'
Published 1 year, 3 months ago
Description
It is US employment report Friday, the monthly celebration of dubious quality data that always thrills markets. Looking at the broad picture of the US labor market, the position is what it has been all year. Firms are slower to hire, but not keen to fire. This gives job security, and supports consumer spending patterns.