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Modest Gain in Hiring in May Has a Soft Underbelly

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    We'll take a modest gain in jobs in May, after shedding jobs in April, but the drop in the unemployment rate is not good news. It was driven by a lower labour force participation rate including for core-aged workers (25 to 54), which is generally not a sign of healthy[​IMG]

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