Small Business Optimism | Jobs

Mortgage and Lending with Benchmark Home Loans 173024

The NFIB Small Business Optimism Index edged lower in June from May though it remains near historically high levels. The index fell to 103.3 from 105.0 in May. The NFIB commented that if economic growth slows, that is not bad in a fully employed economy that can’t find enough workers to fill open job positions. "Job openings and plans to create jobs remain historically very strong, and while it's not as "hot" as May, Main Street is still running strong," said NFIB Chief Economist William Dunkelberg.

Job openings remained higher than there are workers to fill those positions across the country as the labor market continues running on all cylinders. The Bureau of Labor Statistics reports that job openings fell by 49,000 on the last day of May to 7.32 million from 7.37 million in April in its Job Openings and Labor Turnover Survey, or JOLTS report. The quits rate held at 2.3% for the 11th straight month in May, the highest since 2005 which means workers are confident regarding their chances to find a new job.

Posted by

Steve Reed

Benchmark Home Loans

Branch Manager

NMLS #173024

Ark-La-Tex Financial Services, LLC NMLS #2143 

4138 Bristol Highway, Suite #4

Johnson City, TN 37601

Phone 423-232-0111

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Comments (1)

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years


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Jul 09, 2019 02:13 PM