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A signal from big companies they think workers are losing control of the job market - TL;DR CNBC

A signal from big companies they think workers are losing control of the job market

Publishing timestamp: 2023-11-28 12:31:20


Summary

The article discusses the results of the CNBC CFO Council Survey, which shows that top corporate executives believe it has become easier to find and hire qualified workers. This is seen as a signal that the peak inflation era is over and the economy is slowing. The survey also reveals a more positive view of the market and the likelihood of a soft landing, although some CFOs still expect a recession in the future. The article also discusses the views on inflation and interest rate cuts among CFOs.


Sentiment: MIXED

Tickers: .SPX.DJI.IXIC

Keywords: economybreaking news: economycfonasdaq compositeu.s. economydow jones industrial averageinflationbusiness newsjob huntingjobss&p 500 index

Source: https://www.cnbc.com/2023/11/28/big-employers-think-workers-have-finally-lost-control-of-job-market.html


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