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20th Aug 2024 11:06USDaily Monitor

  • Leading indicators suggest that the upturn in initial claims in recent months is petering out.
  • But the slowdown in employment growth will likely continue, as companies continue to reduce hiring. 
  • Benchmark payroll revisions are unforecastable, but have been small in recent years.

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Keywords for: 21 August 2024 US Monitor

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