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Sam Cutler reveals why May's employment beat is heavily distorted by government jobs with 73,000 government hires masking cyclical job weakness. Learn why the debt ceiling resolution requires $600 billion in new Treasury issuance and why markets face potential weakness around August 20th.
Follow Sam Cutler on X: x.com/search4yield3
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By LiveSquawkSam Cutler reveals why May's employment beat is heavily distorted by government jobs with 73,000 government hires masking cyclical job weakness. Learn why the debt ceiling resolution requires $600 billion in new Treasury issuance and why markets face potential weakness around August 20th.
Follow Sam Cutler on X: x.com/search4yield3
Try our 24-hour news squawking service for FREE! 👇
livesquawk.com/#sign-up
Follow us on X: x.com/LiveSquawk