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Mtg apps, ADP payrolls

Summary:
Private businesses in the US hired 749K workers in September of 2020, the most in three months and above market expectations of a 650K rise raising hopes the labour market recovery strengthened. Still, only half of the near 20 million jobs lost since March when the coronavirus crisis started have been recovered.

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WARREN MOSLER considers the following as important:

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WARREN MOSLER writes Mtg purchase apps, Housing starts, Small business jobs

WARREN MOSLER writes Vehicle sales, Retail sales, Industrial production

WARREN MOSLER writes Unemployment, Small business, China exports

WARREN MOSLER writes Jobless claims, electricity production

Mtg apps, ADP payrolls

Private businesses in the US hired 749K workers in September of 2020, the most in three months and above market expectations of a 650K rise raising hopes the labour market recovery strengthened. Still, only half of the near 20 million jobs lost since March when the coronavirus crisis started have been recovered.

Mtg apps, ADP payrolls

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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