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Supply Chain Monitor: Employment Feb 2025
The growth rate for Total Nonfarm Employment ticked down in the February data, to 1.27% year-over-year from 1.38% in the January data.
The growth rate for Total Nonfarm Employment ticked down in the February data, to 1.27% year-over-year from 1.38% in the January data.
So far, the labor market has taken the slowdown in labor demand in the healthiest way possible. If the labor market slows more than expected, the Fed may not have the luxury of patience anymore.
The following post was released to our MacroSuite subscribers subscribers on 2/25/2025. If you'd like to start a 90-day free trial of our exclusive...
Following up on our publication of "real-time" payroll growth time series that cut through data revision issues (see more here) , we are now publishing regular updates...