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Non-farm payrolls preview: Half the expected jobs gain in July are because of a quirk in seasonal adjustments

August 06, 2020 at 07:15PM

Non-farm payrolls preview: Half the expected jobs gain in July are because of a quirk in seasonal adjustments
Teaching jobs are a big quirk
The consensus for Friday’s non-farm payrolls report is for 1.5 million jobs gains in the month but that doesn’t tell the real story.

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