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The Potential for Cuts, ADP vs. BLS, Health of Housing 8/7/23

The Exchange

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The Upward Revision of the QCEW

Barry Naparote: The benchmark revision, which is basically what the BLS is going to use to do this benchmarking, they suggested this point that there may be downward revisions. Jonathan Miller: I think we're going to see a very aggressive union movement and continued upward pressure on wage rates. Larry Kuchins: We are routinely doing 100,000 more than we should be doing in job growth.

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