Fresh Read on the Jobs Market From Edward Jones Financial Advisors
https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update
While inflation, rate hikes and geopolitical uncertainties have posed headwinds for the market lately, employment conditions have been a bright spot. This was underscored last week by the most recent payroll figures, which showed that employment conditions remain broadly healthy.
However, we are in a phase of the cycle where good news may be interpreted as bad news, and vice versa. For example, stocks were under pressure earlier in the week as data revealed ongoing robust job openings and declining initial jobless claims. Stocks then rallied following the report that showed wage growth is fading.
Bastrop County Beacon: News with Integrity, Because Facts Matter.
http://www.bastropcountybeacon.com
Keep informed on events and situations in Bastrop County by following the Bastrop County Beacon’s Facebook page!
