US DATA: Nov Empl. Trends Index 107.82 vs 107.84…..

US DATA: Nov Empl. Trends Index 107.82 vs 107.84 Oct, but +3.3% yoy. Conf Bd
says index “remains weak and suggests that employment growth over the next
several months is likely to slow again.” Nov decline was driven by a large
negative contribution from Initial Claims for Unemployment Insurance.

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