Macro Pulse U.S.: Job Growth Remains Narrow Despite Apparent Spring and Summer Rebound
U.S. nonfarm payroll growth remains heavily dependent on private education and health care, while renewed weakness across other sectors underscores the labor market’s continued drag on economic growth.
In the latest 3 Things in Credit, KBRA Chief Markets Strategist Van Hesser looks beyond the headline payroll figures to assess underlying labor market weakness, while also examining the outlook for Q2 earnings and the resilience of consumer spending through a credit market lens. Listen to Van Hesser’s insights on: Apple Podcasts | YouTube Music | Spotify or visit
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