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The US labor market is deteriorating
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The US labor market is deteriorating

Edward Harrison
Sep 10, 2020
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The US labor market is deteriorating
pro.creditwritedowns.com

Today's US jobless claims report makes clear that the boost from re-opening is now fading. And a second wave of job loss is upon us. As a result, while the US unemployment rate declined more than expected in the last jobs report, I expect the rate to tick up going forward.

Pandemic Unemployment Assistance

In the recent past, I have mostly steered clear of…

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