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September 01, 2020 10:27am
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A Jobs Report Whiff, Climbing Yields, and More Inflationary Pressures Accumulate

The U.S. added only 194,000 jobs in September per Friday’s DOL report, far below the expected 500,000. Labor force participation also declined, keeping payrolls well below the pre-covid trend, exacerbating labor shortages, and laying the groundwork for more wage inflation. The disappointing report...
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