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THE ECONOMIST: Job gyrations

Summary by Odessa American
Despite remarkable resilience, Federal Reserve actions to slow inflation have had the inevitable effect of weakening the job market. There are fewer openings and slower gains than a year ago, though the trend is somewhat erratic and remains generally upward. More concerning from a long-term perspective is the mix of jobs being added and those that have been lost. Let’s explore some highlights from recent data describing how the labor market chan…
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Inflation

Inflation

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Federal Reserve

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Odessa, Texas

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