What's behind the greatest job market in history? Forbes, December 7, 2022, The article begins:
The deeper we dig, the more we find, especially when we examine the momentum of our job market which, I’ve repeatedly reported, is the best in history.
From my vantage point – independent career coach, job market observer, and columnist for 25+ years – each month’s jobs report from the Bureau of Labor Statistics continues to amaze. After 23 consecutive months, we’re used to seeing high job creation numbers and low unemployment.
The string is not over. Expect more.
Jobless claims, today: link here.
- slight uptick in claims -- up 4,000 to 230,000 (yawn)
- continuing claims at a 10-month high; up 62,000 to 1.671 million (yawn)
The market:
AVGO: up $12.58; up almost 2.5%; trading at $531; increases it's quarterly dividend by 12% to $4.60; it was $4.10;
- over five days: down from $540
- over six months: down from $541
- one year: well off its highs, $578
- pays 3.09%
AAPL:
- up 1.5%; up $2.09;
- trading at a very, very low of $143; 52-week range: $129 - $183
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