In this week’s edition of “Three on Thursday,” we take a deeper look at the employment landscape in the United States. Every month, usually on the first Friday, the Bureau of Labor Statistics reports jobs data. These data come from two surveys of establishments and households. Much can be gleaned from both reports, and over time the employment components tend to track each other closely. But over the first half of the year, some cracks are starting to form in employment, weakness that we believe will lead to a further slowdown in hiring in the second half of the year.
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