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