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Payrolls report Friday likely to show a jobs market that is still hot

Payrolls report Friday likely to show a jobs market that is still hot

A man walks past a “now hiring” sign posted outside of a restaurant in Arlington, Virginia on June 3, 2022.

Olivier Douliery | AFP | Getty Images

The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off.

Despite a series of interest rate hikes aimed specifically at fixing an imbalance between company demand and the supply of workers, payrolls have been growing by hundreds of thousands of jobs a month,…


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