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Job growth has been relatively weak. Can GDP really be as strong as it looks?
March 30, 2026
CLEVELAND, Ohio, March 30 -- The Federal Reserve Bank of Cleveland issued the following news release:

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Job growth has been relatively weak. Can GDP really be as strong as it looks?

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Job growth has been weak compared to GDP growth in recent years, but does that disconnect suggest a hidden weakness in the GDP data?

Not according to historical data analyzed in a new Cleveland Fed report.

On the surface, the discon . . .

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