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Private payrolls saw average weekly rise to 12,000 for four weeks, E.J. Antoni notes

Private payrolls saw average weekly rise to 12,000 for four weeks, E.J. Antoni notes
Private payrolls rose slightly in August

E.J. Antoni reports that private payrolls rose by an average of 12,000 per week over the four-week period ending August 22.

This represents a slight increase compared to mid-August figures.

Antoni recently reported that headline CPI rose 3.4% year over year in July, pointing to prior monthly surges keeping inflation high. He also noted that the CLV Fed has updated its federal funds rate forecast using seven specific monetary rules. These updates provide context for ongoing developments in private payrolls.

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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