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Schwab Network

Hiring Strength vs. Job Quality: Reading the Latest Labor Data

6 min5 juni 2026

John Blank and Stephen Kates break down stronger-than-expected U.S. job growth. They examine how seasonal hiring in leisure and hospitality may be masking deeper issues like weak wage gains and uneven job quality. The conversation also highlights what the data means for the Federal Reserve as it weighs its next policy moves.


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