U.S. job openings still elevated; third-quarter GDP revised up [Reuters]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Reuters
Consumer, business spending, exports account for upgrade Goods trade deficit widens 7.7% in October WASHINGTON, Nov 30 (Reuters) - U.S. job openings decreased in October, but remained significantly high, pointing to continued labor market 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 t
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LPLA
News
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LPLA
Earnings
- 4/30/24 - Beat
LPLA
Sec Filings
- 5/2/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 3/28/24 - Form DEFA14A
- LPLA's page on the SEC website