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MACRO
US Labor Data Surprise as Job Market Runs Hotter Than Forecast
Private payrolls increased 235,000 last month, led by small- and medium-sized businesses, according to data from ADP Research Institute in collaboration with Stanford Digital Economy Lab. The figure exceeded all but one forecast in a Bloomberg survey of economists.
Additionally, applications for unemployment benefits fell last week to the lowest sinc...
US Labor Data Surprise as Job Market Runs Hotter Than Forecast
Private payrolls increased 235,000 last month, led by small- and medium-sized businesses, according to data from ADP Research Institute in collaboration with Stanford Digital Economy Lab. The figure exceeded all but one forecast in a Bloomberg survey of economists.
Additionally, applications for unemployment benefits fell last week to the lowest sinc...
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