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6th Jan 2026 10:44USDaily Monitor
  • JOLTS hiring less separations ought to provide a useful cross-check on payrolls, but the track record is poor.
  • Small business openings remain low, but they lag the NFIB hiring index too much to refute its recent pick-up.
  • The inclusion of retailers means the ISM services survey provides a useful steer on tariff-driven inflation.

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Keywords for: 8 January 2026 US Monitor

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