Every week, several key economic indicators are released to help provide insight into the overall health and state of the U.S. economy. Last week’s data shed light on various aspects of the labor market, including payroll numbers, unemployment data, job openings and labor turnover, and business activity in different sectors of the labor market.
All these indicators are closely watched by policymakers and advisors trying to understand the direction of interest rates because the data can have a significant impact on business decisions and financial markets.
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