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As a part of our ongoing coverage of labor market conditions, today’s NFP data suggests that hiring is beginning to slow The top-line print was 187K, which was considerably softer than expectations.
The largest additions were in services at 154K of total jobs created vs 97K in June, with goods producers only adding 18K jobs vs 31K in June.
We discuss all this and more in today’s episode.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit macrovisor.substack.com
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