The quickly tightening labor market could present a problem for financial markets in the medium term, according to Longview Economics CEO Chris Watling. Recent JOLTs data put U.S. job openings in April at a record 9.3 million, but this is running alongside persistent unemployment and subdued hiring rates. The most recent jobless claims data showed a surprise […] Read more
European countries are likely to impose more restrictions on public life in the coming days as the number of daily coronavirus infections rises rapidly, analysts said. France reported 10,569 new cases Sunday (down from more than 13,000 new cases reported the day before), Reuters reported, while the U.K., reported almost 4,000 new cases on Sunday. […] Read more
