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MNI PODCAST: FedSpeak- Will Take Lot More To Hurt Labor Market

  • The surprisingly strong U.S. labor market appears to be in a universe of its own, Richmond Fed senior adviser Thomas Lubik tells MNI.
  • It's possible unemployment won't have to rise as high as the FOMC projects to bring inflation down.
  • A recounting of immigrant labor boosted the workforce in January, and Lubik is hopeful immigration will help alleviate worker shortages in coming months.

MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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