#1036 Is the labor market softening?

33,000 private sector jobs lost. That's according to a report from payroll processor ADP. It's a change from forecasts expecting the addition of about 100,000 jobs.  Also this morning,  Microsoft announced a layoff of 4% of their global workforce or 9,000 people.  Today on the Jon Sanchez Show 3pm, we'll break down what's behind the losses and look at whether this is the beginning of a downward trend.👉 Watch this episode on YouTube: www.youtube.com/@thejonsanchezshow👉 To learn more about retirement planning and wealth management in Reno, visit: sanchezgaunt.com Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.