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6th Aug 2021 08:04U.S., Economic Monitor

Homebase employment data point to downside risk against consensus for July payrolls

…But the problem remains lack of supply, not lack of demand; expect things to change in the fall

Look for unemployment to dip, and another solid increase in average hourly earnings.

August employment employment data forecasts government growth job growth jobs July July forecast June labor labor market local government March May payroll payroll growth payrolls private payrolls savings stimulus package supply survey tax tax revenues unemployment unemployment rate

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