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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
The U.S. Labor Department released a report on job openings and labor turnover (JOLTS). It shows that there were five unemployed workers per every available job in September.
This is actually not as a bad as the record a few months ago.
Historical chart:
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