US Employment Outlook Heading Into US Election

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    The US Labor Department reported another new 1.371…


    Helmholtz Watson

    [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

    Helmholtz Watson

    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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