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4th Apr 2022 00:30U.S., Daily Monitor, Weekly Monitor

  • Payroll Growth is still Strong and broad, but the trend likely will moderate as previous peaks draw nearer
  • Participation continues to increase, suggesting that the period of peak supply/demand imbalance is over.
  • Wage growth looks to be moderating, but a 3.6% unemployment print signals a 50bp hike next month.

ahe employment fed healthcare implications January job growth June labor labor costs March payroll payroll growth payrolls productivity productivity growth q1 u.s. unemployment unemployment rate unit labor costs wage gains wage growth wages

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Keywords for: Payroll Growth is Slowing, but it's Still Solid; Wage Gains Moderating?

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