Tough Job Market As Inflation Still Prevails
b"We're seeing some more softening in terms of labor demand, even though some can make the case that is not quick enough for inflation to go to the top, notes Tuan Nguyen. He and David Hay discuss JOLTs and the labor market. They also preview what the Federal Reserve announcement will mean for markets. They talk about how if you look at the top line data, there is a slowdown in terms of job openings. They go over how large companies with more than 5000 employees are laying off workers while mid-size and small companies are having trouble filling vacancies. Tune in to find out more about the stock market today."