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US DATA: Job Changer vs Job Stayer Wage Gap Looks Ominous For U/E Rate

US DATA

On the earlier point about the Atlanta Fed wage growth tracker seeing job stayers exceeding those of job changers for the first time since 2018, the below chart should clearly be taken with caution but it nevertheless makes for painful viewing:

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On the earlier point about the Atlanta Fed wage growth tracker seeing job stayers exceeding those of job changers for the first time since 2018, the below chart should clearly be taken with caution but it nevertheless makes for painful viewing: