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SUMMARY: While job openings rose slightly to a 6-month high, quits fell to the lowest level since April 2020, highlighting that workers do not feel good about the current labor market. PLUS: Nick Timiraos writes in the journal that Powell is likely to secure a cut at this meeting, but no one knows what could happen in 2026...
By Wilmington MortgageSUMMARY: While job openings rose slightly to a 6-month high, quits fell to the lowest level since April 2020, highlighting that workers do not feel good about the current labor market. PLUS: Nick Timiraos writes in the journal that Powell is likely to secure a cut at this meeting, but no one knows what could happen in 2026...