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As mentioned late last week, today and tomorrow we get a couple of important US labor market datapoint we are closely tracking. i.e. JOLTS and Employment Cost Index (ECI) releases.

Here is how the number of job openings (JOLTS / thousands) and ECI changes year-on-year (YoY) h...

 

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US Jobs | JOLTS & ECI wage inflation

The evolution of job openings and wage inflation