US Employment Outlook Heading Into US Election

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  • 01 Oct '20 at 4:30 pm #24699
    TradersCom
    Keymaster

    The US Labor Department reported another new 1.371…

    [article]2202[/article]

    06 Oct '20 at 8:07 pm #24720
    Helmholtz Watson
    Participant

    [color=purple][size=5][b]US Fed survey August JOLTS job openings 6493K v 6500K expected
    Prior was 6618K[/b][/size][/color]

    Hiring rate 4.2% vs 4.2% prior
    Separations 3.3% vs 3.6% prior
    Quits 2.0% v 2.1% prior
    Layoffs 1.0% vs 1.3% prior

    19 Oct '20 at 10:25 pm #24783
    Helmholtz Watson
    Participant

    Atlanta Fed President Bostic:

    Widespread, permanent job losses pose risk to economy
    Comfortable with current stance of policy
    Economy recovering but some sectors still weak
    It will be some time before the Fed raises rates and removes support

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