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Yevhen
@applestar
⚪ JOLTS Job Openings: Insight into the Labor Market ➖ On Tuesday, December 3, the Bureau of Labor Statistics (BLS) will release the Job Openings and Labor Turnover Survey (JOLTS) for October. This data offers a glimpse into job openings, layoffs, and overall labor market health ➖ The labor market has been cooling off, with job openings declining steadily since early 2022. However, after a surprise uptick in August, economists now forecast a slight rebound to 7.49 million openings in October. A tighter labor market could hint at inflationary pressures, possibly pushing more investors toward crypto as a hedge against traditional economic turbulence 🧵 3/8
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