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7th Dec 2022 14:44U.S., Daily Monitor

  • The latest near-real-time data are depressed by temporary adverse calendar effects...
  • ...But the underlying trends are likely to soften in Q1 as the labor market weakens.
  • The surge in layoff announcements points clearly to rising jobless claims and slower payroll growth.

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Keywords for: 8 Dec 2022 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence