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The Numbers

US JOLTS: A Fragile Equilibrium

by Felix-Antoine Vezina-Poirier, Chief Strategist  

December job openings missed estimates, decreasing to 7.6m from an upwardly revised 8.2m in November. Quits, hires, but also layoffs all ticked up marginally, leaving the general “slowing-but-not-collapsing” direction of the labor market unchanged. &nbsp…

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