The job report came out this past Friday and the economy added about 180,000 which drops unemployment to 4.4%! That matches the lowest in 5 years! What this means? Well, it means the chances of a decrease in interest rates will be a lot slimmer now with the bond prices rising because of this.

I expect the market to fall 1 to 1.5 points on Monday because of the decrease chances of a lower interest rate.

Residential construction jobs dropped but a lot of those workers/contractors probably went into commercial.

I know that it is definitely a good market for IT jobs in Southern California. It took me 2 days for 2 interviews and 2 job offers.

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