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A step closer to "substantial further progress"

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Jobs recovery continued, although fewer seasonal layoffs in education boosted payrolls by 230,000. The household survey, esp. participation, was disappointing. But there was a big drop in people working part-time for economic reasons, as the economy reopened. Fed on track to announce a taper later this year.

Ned Davis Research | Economics | U.S. Daily Economic Perspectives | Daily

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