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How those strong jobs figures could weaken Biden’s re-election prospects

Por: MarketWatch Business February 03, 2024

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But below the surface these latest jobs figures may yet prove unhelpful to the president’s re-election campaign. That’s because they pose not one but two possible risks that could prove a headache in the months leading up to November: the risk of more inflation, but also the risk of a recession. The nonfarm-payrolls numbers in January were double what economists had been expecting. So, too, was the rise in hourly earnings. These figures are... + full article



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