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7 ways the labor market looks like it’s in recession mode despite a low unemployment rate

“The labor market is no longer on fire,” says Clocktower Group’s Marko Papic. The US unemployment rate has remained historically low.But other labor market indicators show weakness similar to those seen in prior recessions.They include job gain revisions, quits, hires, unemployment’s rate of change, and more.The US labor market has continued to flex its muscles…

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China’s Youth Unemployment Rate Is Back, and Better

The government stopped releasing the jobless rate for young workers when it was soaring. It says its “optimized” new method is more accurate. After suspending the public release of youth unemployment rates last year, China started distributing the information again on Wednesday, using a different measurement criteria that lowered the figure significantly.China’s National Bureau of…

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