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Labor Markets

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Labor markets showed no signs of weakening in July. The unemployment rate remained a low 4.3%, and nonfarm payrolls showed a solid increase. The strong labor market report may be the first sign of continued robust economic growth in 1999:IIIQ.

Suggested citation: "Labor Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 99-08, pp. 11, 08.01.1999.

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