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August jobs report preview: Economists expect job gains at slower pace

Christel Deskins 2 years ago

The median economist estimate for Friday’s US nonfarm payrolls report is that the economy added 1.37 jobs in August, according to Bloomberg data.  That’s a slower pace of jobs gained than in previous months, signaling that the labor market recovery is faltering as the coronavirus pandemic persists.  “We shouldn’t confuse […]

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