Changes In Labor Demand: What Investors Should Know

The December jobs report showed moderate growth continued, but we should take that with a grain of salt given consistent revisions, notes Dr. Daniel Altman. He discusses the labor market in focus. He talks about how 38% of reporting gains in the 12 months through November came from industries catching up to pre-pandemic employment levels. He highlights that as of November, the total remaining shortfall across sectors that had not fully caught up was 115K jobs. He then goes over what investors should know about changes in labor demand. Tune in to find out more about the stock market today.