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Conf. Board Labour Gauge Sees Largest Increase Since March

US DATA
  • Helping the large beat for overall consumer confidence (up from 101.4 to 108.3, cons 101.0) was a bucking of the recent downward trend in the labour differential.
  • Jobs were seen as more plentiful (47.8 from 45.2%) whilst hard to get fell back (12 from 13.7%). The differential of 35.8% is the highest since Sept after the largest monthly increase since March - see chart.

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