Wave of New Performance Numbers Still Has Some Economists Unsure What’s Ahead for US Economy

Economy shows mixed signals as job openings decline but GDP growth persists ahead of key jobs report.
Wave of New Performance Numbers Still Has Some Economists Unsure What’s Ahead for US Economy
A hiring sign in Downers Grove, Ill., on June 24, 2021. Nam Y. Huh/AP Photo
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With the announcements that job openings have fallen to their lowest level in three years and that gross domestic product rose at a 2.8 percent annual rate, economists remain divided on what it all means as they await a potentially subdued jobs report this Friday.

“This is an extremely noisy period in data being whipped around,” Bankrate.com senior economic analyst Mark Hamrick told The Epoch Times. “The JOLTS report is just another data point at a time when we’ve been through several months of concerns.”

Mark Gilman
Mark Gilman
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Mark Gilman is a media veteran, having written for a number of national publications and for 18 years served as radio talk show host. The Navy veteran has also been involved in handling communications for numerous political campaigns and as a spokesman for large tech and communications companies.