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4th Dec 2024 17:44USWeekly Monitor

  • November's meager rebound in payrolls implies the trend still is slowing; revisions will worsen the picture.
  • The rise in NFIB's hiring intentions index is politics induced noise; demand for new staff is very weak.
  • The unemployment rate is on a steady rising trend; an immigration rush before new rules will reinforce it.

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Keywords for: 9 December 2024 US Monitor

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