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Principal Asset Management

2024 Top 500 ranking: 53

February jobs report: A sanguine number… for now

February jobs report- A sanguine number… for now

The February jobs report showed a 151,000-worker increase in payrolls, broadly in line with consensus expectations, defying fears of significant cracks in the labor market. Yet, while the worst fears were not met, the report did confirm that the labor market is cooling. Furthermore, with no shortage of headwinds confronting ...

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