AUTHOR: TOWNE SCHERER.COM/BLOG: 10/10/2020 Towne Scherer Private Wealth Management BLOG:
Scrambling to Fill Factory Jobs
Although, the auto industry has lost millions of jobs to the pandemic, U.S. auto suppliers are scrambling to fill factory jobs, says Reuters 10/8/2020. In particular, to staff production lines, suppliers are giving rewards for good attendance, providing at-work teachers to lure job seekers and offering bonuses to help fill job openings. Supply and demand…feels like a recovering economy?
Stimulus Driving Markets
Additional Stimulus is driving the markets to almost five-week highs, reports, Bloomberg 10/8/2020. Although, a stimulus deal will be struck, the article suggest that near-term negotiations are likely to create volatility.
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.