Jobs, ChatGPT, and Barbie (Podcast)
Bloomberg Intelligence
00:00
The June Jobs Report
Jeffrey Cleveland: Job growth is slowing, but nothing close to a recession. He says we're still adding over 200,000 jobs per month just to keep the unemployment rate at 3.6%. We think this keeps the Fed on track to hike in July and again in November - $5.50 by year end. James Cevallos: In terms of labor demand, it's still very high relative to other cycles.
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