April 4, 2024

In today’s show, Shana discusses the weekly unemployment claims, showing an uptrend, indicating there may be weakness in the labor market. In the midst of the weakness in the labor market, private payroll processor ADP reported 184,000 new private sector workers in March, higher than recent months. In result, the government’s monthly jobs report tomorrow will give more insight into the labor market and influence whether the Fed raises rates.

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