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Caroline Baum: Employment is a good — not perfect — indicator of economic growth


Peak in nonfarm payrolls usually coincides with peak in business cycle. That sound you heard on Friday was either a collective sigh of relief or the air leaking out of the stock market on news that the U.S. economy created 224,000 new jobs in June, part of a solid reading on the employment situation in the United States. The urgency for

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Posted: July 8, 2019 Monday 12:52 PM