It's a busy week of data as The Fed gets one last update on economic conditions before their final FOMC of 2024 in two weeks. Today brought the latest job openings and quits report, known as JOLTS. But we're not done there. Tomorrow brings the ADP jobs report and Friday brings the BLSBS.
For today, though, it's all about the JOLTS. As discussed in last night's podcast, a higher level of job openings is interpreted as a "strong and robust" labor market where employers are looking to add employees....