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SPSM - Most Distorted Labor Market Ever: Charts By Sector
SPDR Portfolio Small Cap
Unfilled job openings have been spiking from record to record, and in July spiked to a new record.
People, for whatever reason, cannot find work they would accept under the conditions offered, or they are still not looking for work, or will never look for work again since they have decided to retire.
There is now strong data piling up, based on weekly unemployment insurance claims from the Labor Department, about what might be causing or at least contributing to that “Labor Shortage.”.