Americans can breathe a sigh of relief. The last time labor market data was released, it caused huge drops in the markets. This time, all we can see is a “knee-jerk reaction,” as Piotr Kuczyński, Xelion's chief analyst, tells us. However, this does not change the fact that the American labor market is suffering.
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"Knee jerk" after American data. "The job market is suffering"
