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The latest job report offers a glimmer of hope in the fight against inflation

Por: The Boston Globe Business October 08, 2022

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We’re stuck in one of those bizarro moments when good news on Main Street is bad news on Wall Street.On Friday, the Labor Department’s latest monthly jobs report showed that against the headwinds of spiking interest rates and sky-high inflation. Hiring expanded at a solid clip, especially compared with pre-COVID norms.But the labor market’s resilience just about guarantees that . Investors were hoping for clear evidence of a hiring... + full article



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