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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 07, 2021
Page
8
The Labor Department released its June tally showing a tight U S job market with high demand for workers. May posted a record 9.21 million advertised jobs and layoffs at a record low as employers compete for labor and raise wages to fill openings.
The Labor Department CPI is expected to show a 12 month inflation rise of 5.3 percent for July, down from 5.4 percent in May, the biggest 12 month spike since August 2008. Prices have risen this year, unsettling markets and sparking concern the recovery could slow. Disney reports fiscal Q3 results with expectations of higher earnings and revenue, with investors eyeing streaming, parks, and outlook.
Wall Street capped a choppy week of trading with broad gains lifting the S&P 500 and Dow to new highs. Every major index posted a weekly gain as strong bond action aided sentiment. Carvana bonds surged while AIG reported second quarter profit beating forecasts.
Kansas reports 45.5 percent fully vaccinated of 2.9 million residents while national rate nears 50 percent. Delta variant drives rising cases with seven day average 942. 85 of 105 counties affected. At least 10 districts mandate indoor masks for 104000+ students, including Topeka where board backed a mask rule. Wyandotte County imposes rules for residents over five with Bonner Springs and Edwardsville exempt.
About 110 provisional ballots could be added to the vote count. The leaders remain Kelly Jones first, Kay Emerson second, G R Gordon-Ross third, Andrew Nussbaum fourth, Nate Marsches fifth. Stephens and Clissold tied for sixth on election night. only top six advance to November general for three open seats on the seven member board.
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