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Chart of the Week

Archived Chart: From January 10, 2020

Non-farm payrolls grew by 1.4 percent compared to a year ago, representing the weakest growth since 2011. Similar slowdowns in the labor market have happened earlier in this cycle, but continued deterioration in payroll growth may indicate that the end of this record-long expansion is in sight. Stay tuned as we continue to monitor key changes in the U.S. labor market...

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