Jobs data. Not helping. 
Welcome to the Know the Difference Minute for Wednesday, March 8th.
The monthly JOLTS numbers are out from the Labor Department. Not what the Fed wanted to see when it comes to the next rate hike. 
Numbers up front: 10.8 million open jobs. Down a little from December but it still, 1.9 job openings per worker. That kind of demand creates wage inflation which contributes to the issue the Fed is trying to fix. 
If you got a new job, you were part of over 6 million who also did. That’s the highest since August. More proof that HR departments are busy. Quits is another part of the JOLTS data. Down, the lowest since last May.  
Over on the private payroll side, ADP reported 244,000 jobs added in February.  
The big stat comes Friday with nonfarm payrolls. It was a monster number last month—but is expected around 225,000 with unemployment holding at 3.4%.
I’m Dave Spano from Annex Wealth Management.  That is your Know the Difference Minute.