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Benchmark revisions have visited the BLS JOLTS survey, too. And yes, they’ve been smoothed. To that end, the hawkishly-watched Job Openings (JO) trend has been altered. Before this week’s release, JO had peaked like the Establishment Survey back last summer and had seemed to soften since. Now, JO continues on an upward bend rather than downward.For JOLTS Hires (HI), the [...]
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