We have many labor market indictors that give us a good reading of the job market (strengths and weaknesses). These indicators include: Jobless Claims, Employment Situation (jobs created and unemployment rate), Challenger Report, Job Openings and Labor Turnover Survey (JOLTS), Employment Cost Index, and the ADP National Employment Report.

What do these indicators tell us about the current state of the U.S. labor market. Identify both strengths and weaknesses.