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3rd Mar 2025 19:14USDaily Monitor

  • We look for a 175K increase in February payrolls, despite the slightly weaker steer from surveys.
  • The weather hit on January jobs likely unwound, and it’s too soon to see federal layoffs in the data.
  • Homebase data look alarming, but they are too skewed towards hospitality to be a useful barometer.

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Keywords for: 5 March 2025 US Monitor

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