March 2021 Headline JOLTS Job Openings At Series High : vima

March 2021 Headline JOLTS Job Openings At Series High


March 2021 Headline JOLTS Job Openings At Series High
The BLS Job Openings and Labor Turnover Survey (JOLTS) can be used as a predictor of future job growth, and the predictive elements show that the year-over-year growth rate of
unadjusted private non-farm job openings year-over-year rate of growth SIGNIFICANTLY improved and continues in expansion.
Analyst Opinion of JOLTS Data
Remember one year ago we were entering a recession and we are comparing to the weak numbers one year ago.
The unadjusted data this month is well above average for the rate of growth seen since the beginning of 2019. In other words, JOLTS is predicting job growth in the range of 300,000+ per month.

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