Price Increases Compensate for Normalizing Labor Market
Our fair value estimate for Recruit is JPY 7,700 per share, implying a price/earnings ratio of 29 on our fiscal 2024 estimates. We use a weighted average cost of capital, or WACC, of 8%, reflecting ...
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The Labor Market Is Getting Battered, but You Wouldn't Know Looking at the Data
Instead, the most recent labor data shows unemployment low and steady, clocking in at 4%. Plus, job growth is still ...