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This week, we are looking back at the labor market performance through the first quarter of 2024. We’ll dig into how actual labor market performance has compared to forecasts. U.S. employers added 303,000 jobs in March, capping off an impressive stretch where hiring has surpassed expectations. How has 2024 labor market performance held up to […]
Written by Mallory Vachon, PhD on April 24, 2024
In March, the economy added jobs at a surprisingly strong pace. The unemployment rate edged down, marking the longest period of sub-4% unemployment rates since the 1960s. Wage growth remains cooled somewhat in March, a welcome sign for those hoping the Fed lowers interest rates this year. No Slowdown in Hiring U.S. businesses added 303,000 […]
Written by Mallory Vachon, PhD on April 8, 2024
