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The Numbers

US Employment: Holding Up But Fraying At The Edges

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The February US jobs report was slightly weaker than expected, reflecting a slowing but still healthy labor market. At 151k, payrolls missed estimates. January’s number was revised down from 143k to 125k, bringing the 3-month moving average below 200k. The…

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