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Hey everyone, it's Larry Bailey. This is for the Week of July 1, 2024 in Review

There are more signs that the labor sector is softening, as job growth eased in June and the uptick in the Unemployment Rate triggered an important recession indicator. Meanwhile, home prices continue to rise nationwide. Here are last week’s headlines:

• Sahm-thing Happening in the Labor Sector
• Private Payrolls, Annual Wage Gains Slow
• Job Openings Remain Near 3-Year Lows
• Jobless Claims Trending Higher
• Strong Spring for Home Prices

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