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Macro - Weekly Briefings - US

Publisher Oxford Economics
Published Jul 08, 2022
Length 5 Pages
SKU # OFE17299909

Description

Macro - Weekly Briefings - US

The labor market remained strong in June, highlighting the economy's resiliency amid a more challenging growth environment. The average monthly jobs increase of 375K in Q2 points to a healthy moderation from Q1's 539K average and we look for more tepid labor market momentum in H2 2022. Past experience suggests achieving a labor-market rebalancing will require an increase in unemployment as job openings are closely tied to the joblessness rate.

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5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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