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The Numbers

US: Low Hiring, Low Firing Holds

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The March US employment report beat estimates, showing a labor market that remains in a low hiring, low firing regime. Nonfarm payrolls rose 178k after falling by a revised 133k in February. Two-month revisions removed 7k jobs, leaving the 3-month moving…

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