U.S. job openings still elevated; third-quarter GDP revised up [Financial Post (Toronto, Ontario, Canada)]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Financial Post
resilience despite the Federal Reserve's efforts to cool demand by aggressively raising interest rates. The tight labor market keeps the Fed on course to continue tightening monetary policy, heightening the risks of a recession next year. Most economists, however, believe any downturn will likely be short and mild because of the unprecedented jobs market strength. “Elevated job openings during a time of an economic slowdown implies that the labor market may remain tight for quite some time,” said Jeffrey Roach, chief economist at LPL Financial in Charlotte, North Carolina. “Firms could hoard workers even though the economy may go through a recessionary period.” Job openings, a measure of labor demand, decreased 353,000 to 10.3 million on the last day of October, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Wednesday. It was the 16th straight month that job openings remained above 10 million and left vacancies 40% higher t
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LPLA
News
- The DOL's Final Fiduciary Rule Is Here. See What's Inside! [Forbes]Forbes
- GDP growth slowed to a 1.6% rate in the first quarter, well below expectations [MSNBC.com]MSNBC.com
- LPL Financial Welcomes Hickory Ridge Wealth Partners [Yahoo! Finance]Yahoo! Finance
- LPL Financial Welcomes Hickory Ridge Wealth PartnersGlobeNewswire
- Why the Fed's keeping rates higher for longer may not be such a bad thing [MSNBC.com]MSNBC.com
LPLA
Earnings
- 2/1/24 - Beat
LPLA
Sec Filings
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- LPLA's page on the SEC website