JOLTS Data Supports Employee Confidence - Adviser Investments

JOLTS Data Supports Employee Confidence

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Wednesday, November 6. Major U.S. stock indexes enjoyed a slight boost today, with the Dow Jones Industrial Average gaining 0.7% and both the S&P 500 and NASDAQ up 0.6%. Meanwhile, the Labor Department’s JOLTS data for September revealed a slight decline from August’s record-high jobs openings; however, vacancy rates continued to exceed the number of unemployed workers and hourly pay rates rose.

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