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Not Getting Signs of Overheating from Any Labor Market Indicators, Says Darda
A recent plunge in US labor force participation has sparked competing theories about whether persistent drivers — like aging and immigration — or more temporary seasonal shifts are to blame. Any evidence in upcoming jobs reports could reshape how policymakers view the labor market. Michael Darda, Chief Economist at Roth Capital Partners, discusses nominal GDP and outlook for the US economy ahead of Friday's jobs report. (Source: Bloomberg)
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