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QVMS - Far From Stellar Employment Likely Went Negative In April
Invesco S&P SmallCap 600 QVM Multi-factor ETF
It appears as if most reactions to today’s April 2022 payroll were quite positive, maybe enthusiastic when they should not have been.
The past couple of months for the Establishment Survey have, predictably, fallen right within that statistically-enforced range, though at the lower end of it.
Since we’ve heard constantly about a “labor shortage” for a long time already, you’d think as that shortage reached its climactic phase the pressure on wages would only intensify; but, no.