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Daily Note | November 1, 2024 | Job Growth Slows Dramatically, Rates Down

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Yield Hunting
Nov 01, 2024
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Stocks are gaining back at least some of what was lost the last two days as Amazon and a 'poor' jobs report gave the markets a boost.

The September jobs report shocked to the downside with just 12,000 new jobs in the month. This was well below the estimates of 125,000. The unemployment rate edged up to 4.1%. The prior two months were both revised down (-…

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