Job Openings vs Level of Unemployment

Supply Chains: Job Openings vs. Level of Unemployment

Rising price inflation occurs when there are too many dollars chasing too few assets. This week, we're discussing supply chains and labor shortages.

Job openings exceed the number of unemployed workers. While some disruptions brought on by the pandemic will get resolved in the short term, longer-term trends like shifting demographics as baby boomers exit the workforce may be more persistent. These longer-term trends can impact the economy and financial markets to varying degrees. We believe considering this with longer-term planning and investing views is important.

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