Short week but important

Quick update, Beth Hammack is replacing Loretta Mester as the new Cleveland Fed President and a voting member.

Why is this important you may ask? Its because she has real world experience at Goldman Sachs and managing director. The Fed needs this.

The JOLTS – Job Openings and Labor Turnover is coming out tomorrow. The numbers are expected to stay relatively stable. To note, Feb 2021 the number of openings was over 12M, Last report was 8M, tomorrows expected at 7.9M.

Wednesday ADP Employment report and Initial Jobless Claims will be released. Unemployment rate expected to stay at 4%.

Friday the BLS jobs report will be released.


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