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Joe Weisenthal: Recent data show U.S. labor market re-accelerating

Joe Weisenthal: Recent data show U.S. labor market re-accelerating
U.S. labor market shows fresh strength

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., observes that recent weeks of economic data indicate the U.S. labor market is gaining momentum again.

While the pace is not extreme or unusually fast, each new data release has pointed to a similar trend of re-acceleration in employment activity.

Weisenthal has previously tracked short-term market reactions, including when the equity market was briefly affected by a recent long-bond selloff. He has also reported on key inflation data, noting that the food index rose 0.5 percent this month. These developments provide additional context for his latest observations on employment data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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