On the SPOT™ blog (10/03/2023) [C..]
- Salyl Bhagwat
- Oct 3, 2023
- 3 min read
Bureau of Labor Statistics (BLS) released its surveyed report (JOLTS) that showed s jump in number of job openings in August compared to July. Employment report is perhaps a better guide but in any case it emphasizes the strength of the labor market and exacerbates the fears about the need for long length of tight fiscal policies to keep inflation in check. All three major US indices are in the red this morning (PST).