Strategist: December May Be a Turning Point for the U.S. Labor Market
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According to Odaily, Brian Jacobsen, Chief Economic Strategist at Annex Wealth Management, commented on the US non-farm payrolls: Apart from the healthcare sector, the types of newly added jobs are quite diverse. However, the reduction in weekly working hours in the manufacturing sector is a "warning signal," which often serves as a leading indicator. Overall, December may mark a turning point in the labor market, with some signs of improvement beginning to emerge, but this assessment remains highly uncertain. (Golden Ten Data)
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