30
Apr
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The jump we saw in January might have been a side effect of the government shut down, as supply chains were affected. But the recent absence of further improvement in the trend of this series is a concern. Slack work conditions are those where employees work fewer hours because their firms don’t have enough activity to justify a full work week. The rise of slack work conditions, at the same time as manufacturing employment has weakened merits closer attention in the months ahead.

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