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Show Notes
Julia Pollak breaks down the latest jobs report, calling it a "solid" but not "dramatic" print despite a 27,500-job loss in the restaurant sector and a 9,800-job cut in tech. Pollak notes while the labor market remains tight, signs of softening are emerging, including a rise in the unemployment rate and a shortening workweek. She believes the Fed will view this as a "Goldilocks" report, as it suggests no inflationary pressure in the labor market.
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