 | AUTHOR: Kerry Hilsabeck, CFP® TITLE: Investment Adviser Rep TAGS: Jobs, Consumber Goods, Yield Curve, S&P 500 |
Last week’s headlines revealed a change of direction in the labor market. JOLTs Job Openings (Jul) fell significantly, dropping to 8.827M from 9.165M (Jun) (below expectations of 9.465M). The Unemployment rate (Aug) rose to 3.8% from 3.5% (Jul).
Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.
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