Reported about 1 month ago
The July Job Openings & Labor Turnover Survey (JOLTS) recorded 7.67 million job openings, falling short of the expected 8.1 million and marking the lowest level since January 2021. Glenmere VP Mike Reynolds noted this decline suggests a normalization of the labor market rather than deterioration, as it draws closer to pre-COVID levels. He emphasized maintaining a neutral investment strategy amid market uncertainties while monitoring economic conditions closely.
Source: YAHOO