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Podcast: Mastering Encompass® by Mortgage Workflow Partners Inc. (old)
Episode: Mortgage Market Update - Job Openings Hit 2-year Low, Private Sector Job Growth, Unemployment, & Rate Cuts - 1/8/2024
Description: Hey everyone, it's Larry Bailey. This is for the Week of January 1, 2024, in Review:Job growth beat expectations in December, but is the labor sector as strong as the headlines imply? Plus, the minutes from the Fed’s last meeting suggest rate cuts are ahead, though the timing remains unclear. Here are the highlights:Job Growth Less Rosy Than It AppearsPrivate Sector Job Growth Beats ExpectationsJob Openings Hit 2-year LowUnemployment Filings Likely Impacted by HolidaysFed Minutes Suggest Rate Cuts Likely00:00 Introduction00:58 Job Growth03:28 Private Sector Job Growth06:05 Fed Minutes