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US Economics: The Daily Update - Low churn
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05 Aug 2026 07:00:00 ET │ 8 pages
US Economics
The Daily Update - Low churn
CITI'S TAKE
JOLTS for June show a continuation of the low-hire/low-fire labor market.
Fed officials will take the stable reading as another indication that labor
markets are “stable.” But amidst this stability, we see downside risk to
employment as individuals increasingly see jobs as “hard to get.”
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Andrew Hollenhorst AC
Veronica Clark AC
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