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Sounds like an advantageous negotiating position for those supplying the labor.


Yes. Labor demand is softening a bit, but actually kind of welcome because it is an inflation driver. April data just out. March revised up, so it was actually 2.0 openings per job seeker, April ticked down to 1.9 https://fred.stlouisfed.org/graph/fredgraph.png?g=Q27U




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