NAFCU Chief Economist and VP of Research Curt Long issued the following statement on the September Jobs Report: "The September employment report was more of the same as jobs expanded at a strong clip, the unemployment rate declined, and wages grew at a modest rate. There were no signs of easing labor force strains as the participation rate ticked down while average hours worked increased. This report is a clear green light to the FOMC to proceed with another 75 basis point hike next month." -NAFCU Chief Economist and Vice President of Research Curt Long
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Author: Mike LawsonMarried to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple. Archives
May 2024
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