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Full Employment Increase The Pressure on The Fed to Raise Interest Rates

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Full Employment it is. According to non-farm payrolls figures, just 199,000 people found jobs, while there were net 141,000 higher revisions to a previous couple of months. When these data are added together, we get a job growth of 340,000, significantly below the consensus prediction of 450,000 and the 500k ‘whisper’. Far from the expected, the last release of NFP …