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globalreutersOctober 21, 20241 Mins read
Fed’s Schmid: There’s been a normalization, not a deteriation, of the labor market
globalreutersOctober 21, 20241 Mins read Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid hit newswires late Monday, noting that recent downturns in US data is more likely a normalization of US labor markets after a period of record over-employment and untenably low unemployment rates, rather than an outright deterioration in the overall US labor market.
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