A JOLTS Plateau Would Be Meaningful

By |2016-10-12T17:09:25-04:00October 12th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The JOLTS series is, in my view, a second tier data set made so by its computational connections to the CES. The Job Openings portion I believe has proven over the past few years why it is less reliable, surging so far out of character that it is all alone in suggesting huge economic positivity that even the main BLS [...]