Labor Market Tag

An Inflection Point in the Labor Market?

26 May, by Steven Vannelli, CFA in Economy, News

As everyone knows, the labor market has been quite strong, with expectations for the unemployment rate to fall further next week. Much has been made of the relationship between job openings and unemployed people that are in the labor force. The ratio of job openings...

A JOLT to Job Openings & Asset Expectations

11 Feb, by Steven Vannelli, CFA in Economy

This morning the monthly job openings and labor turnover (JOLTS) report was released, and it came in significantly shy of expectations. While Bloomberg’s consensus estimate was for 6.925 million job openings, the actual number came in at 6.423. It is important to keep in mind...