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August 17, 2022

Labor market data tends to lag other measures of economic activity, usually hitting their worst levels toward the end or even months after the official end of a recession.

Much of the economic and market commentary in the last month has focused on whether the economy is entering a recession. Specifically, how severe or long a possible recession could be and what that may mean for jobs. We cannot say for certain how any future economic slowdown would impact the current labor market, but...
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