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Apr 5Liked by Fabian Wintersberger

“Nevertheless, the recent ADP report emphasized that signs still point to a robust labor market, noting that annual pay increased by 5.1% this week.”

Which to your other point could mean those people with too little work experience to qualify for unemployment raise the average pay when they are let go much like what happened to average salaries at the beginning of the pandemic. I emphasize “could” as I’m a little skeptical the dismissal of new workers explains a lack of claims.

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