from Cesar at Valance:
- trend in construction job losses looking better- consistent with housing market getting to a point where drag on GDP will disappear. the prints since March are -39, -59, -38, -50, -20, and -8 in August
- Diffusion index jumped from 41.4 to 48.9 (less sectors with job losses)
- 37k of 101k job loss in private sector came from temp help
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