shares dip after JOLTS report beneath 10m jobs, first time since Could 2021

supply

I believe it's exaggerated response, though it is just a small response main indexes are round 0.5% loss, however the trajectory is downward, so we would see bigger losses for right this moment, additionally volatility is rising.

9.9m job openings remains to be quite a lot of jobs.

At 3.8% unemployment and the civilian labor pressure is 166m, so meaning 6.3m ppl on the lookout for work and three.9m extra job openings (BLS truly says that solely 5.1m need a job which means 4.8m extra job openings which is even higher).