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The Numbers

JOLTS: Labor Softness Persists Despite Higher Openings

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Maintain long duration and favor tactical steepeners as the JOLTS data show no evidence of a labor-market re-acceleration. The delayed October JOLTS report showed job openings rising slightly to 7.67m from 7.66m, but underlying details do not point to renewed…

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