The Potential for Cuts, ADP vs. BLS, Health of Housing 8/7/23
The Exchange
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The Fed Piloting the US Economy in a Thin Fog When It Comes to Jobs
The Federal Reserve is piloting the US economy in a very thick fog when it comes to jobs, says Kelly Wallace. The amount of people working and the population are something that will be revised substantially next month. Barclays notes that we've made changes to the private ADP payroll survey,. They think that it may be a better gauge of the job market.
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