The October unemployment rate, at 3.7%, is at its lowest level since December 1969. Continued unemployment claims last week, at 1.623 million are at their lowest since July 1973. And job openings at the end September totaled over 7 million, which, except for August, amounted to their highest level on record going back to 2000.
November 29, 2021
JP Morgan Asset Management
Financial markets tumbled last week as reports spread of a new, highly-mutated variant of Covid-19 which could be more contagious than the Delta variant and which could evade some…