10|05|2020

Leading Indicator Watch | October 2, 2020

unemployment

The jobs report, while showing some overall improvement to the unemployment rate 7.9% from 8.4%, also showed that fewer workers are actively searching for jobs in the Participation Rate of 61.4% and that an increasing number of job losses are being categorized as permanent rather than temporary. With that, Consumer Sentiment and Confidence are up! Let’s take a peek at the overall leading indicators here and stay tuned for more analysis in Market Thoughts.