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New York Fed: Labor Market Tightness Index Decreased in July

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The Heise, Pearce, Weber Labor Market Tightness Index ticked down to –0.08 in July from a revised value of 0.09 in June, driven by a decline in the quits rate from 2.2% to 2.1% and by a decrease in vacancies per effective searcher, according to the Federal Reserve Bank of

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