The labor market is cooling as higher interest rates curb demand. Job growth slowed in October and the unemployment rate climbed to 3.9%, the highest level since January 2022. With 1.5 job openings per every unemployed person in September, conditions remain fairly tight.
MARKET WRAPS Watch For: Durable Goods for August, EIA Weekly Petroleum Report; Earnings from Micron Technology Today s Top Headlines/Must Reads: - The Stock Market Has an Earnings. -September 27, 2023 at 06:20 am EDT
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North American Morning Briefing: Stock Futures Helped by Retreating Bond Yields morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.