Inside the Economy: Job Market & Cost of Money

This week on “Inside the Economy”, we discuss the continuing shifts in the labor market as well as the expected Fed rate hikes. Total job openings remain higher than the unemployment levels. Employment costs continue to creep up year over year. This will probably continue as companies try to fill the gap. The first report for Q4 GDP comes in around 6.9%. What do we expect for 2022? Tune in to learn about all this and more!

Key Takeaways:

• Oil climbs above $90 a barrel
• Mortgage rates continue to rise
• Time it takes to ship cargo remains near record highs.