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CS: More unemployment rises ahead

May 17, 2018 - 13:57 -- Admin

Via Damien Boey at Credit Suisse: The April labour market report was mixed. Employment came in broadly in line with expectations, rising by 22.6K over the month. Full-time employment rose by 32.7K, while part-time employment fell by 10K. The unemployment rate rose to 5.6% from 5.5%, with the labour force participation rate rising to 65.6%

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