JOLTS Disharmony Is More Than JOLTS, or Jobs

By |2017-07-11T15:02:53-04:00July 11th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Last month it was Job Openings that soared to a new record high of more than 6 million (for April 2017), while the pace of hiring slammed lower to just more than 5 million. This month (May 2017), the opposite. Hires surged to nearly 5.5 million, while Job Openings fell sharply (and were revised lower for April). The large variations [...]