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Wendy Edelberg
Brookings Institution
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Wendy Edelberg (Brookings) is puzzled by 71k average payroll growth, seven times last year's pace, with nothing else in the labor market corroborating it.
I am very puzzled actually by the strength in the payroll numbers so at 71,000 on average for the last three months that's like seven times faster than the pace of job growth last year. I see nothing else in the labor market that suggests that kind of pickup and activity.
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