Tag Archives: Municipal Employment

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Cumberland Advisors Market Commentary – Municipal Employment

Author: Patricia Healy, CFA, Post Date: November 12, 2020
Market Commentary - Cumberland Advisors - Municipal Employment - Patricia Healy, CFA

The positive jobs growth news, showing an increase of 638,000 jobs in October and a full one percent reduction in the unemployment rate to 6.9%, masked a decline in government employment. Private jobs were up by 906,000, led by an increase of 271,000 in hospitality and leisure, a sector that has been hit particularly hard […]