JOLTS: what do job openings tell you?

Job openings data (report) reads the labour market's demand side, complementing payrolls' supply-side view. The quits rate inside it is a hidden gem.

JOLTS: what do job openings tell you? — moving average crossover diagram
A fast moving average crossing a slower one

Do you follow it?

  • how openings fit your labour market read
  • what the quits rate tells you about confidence
  • how it shapes your Fed expectations
JOLTS: what do job openings tell you? — central bank rate path diagram
A central bank's policy rate path across recent meetings

Background: non-farm payrolls explained for the companion release.

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