U.S. job openings unexpectedly drop, sending markets higher. Here’s why.

Yesterday’s August JOLTS (Job Openings and Labor Turnover Survey) showed a massive decline in job openings. This sent markets ripping higher. Had to give that a second look? Yes, you read it correctly. Let us explain… First, here are the highlights from the jobs report: Available job positions fell to 10M — down 10% from…

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