Jason Thomas, Carlyle’s head of global research and investment strategy, discusses the firm’s own estimates of US economic data, which show a grim read on the labor market. The US Labor Department’s September employment report was expected by economists in a Bloomberg poll to show a 54,000 increase in nonfarm payrolls. Carlyle estimates that just 17,000 jobs were created. He speaks on “Bloomberg Open Interest.”
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What Carlyle’s Proprietary Data Signal About the Economy
