US CES Total Birth-Death Forecast (Mar): -47k (prev. 90k)

The recent CES Total Birth-Death forecast suggests a substantial downward revision, dropping from a previous estimate of +90k to -47k.

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US CES Total Birth-Death Forecast (Mar): -47k (prev. 90k)

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This significant shift indicates potential weaknesses in employment dynamics, raising concerns about labor market strength, which may have implications for monetary policy and growth forecasts.

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