Noted: Bahn: JOLTS
Started by Equitable Growth alumnus Nick Bunker, its monthly JOLTS Day coverage—coverage of the release of the Bureau of Labor Statistics’s latest survey results on job openings and labor turnover—should be at the very top of the must-reads in your monthly must-read lists. These survey numbers are, of course, now two months stale, so they speak of a different world than we now live in. Nevertheless, they are very interesting: Kate Bahn & Carmen Sanchez Cumming: JOLTS Day Graphs: March 2020 Report Edition https://equitablegrowth.org/jolts-day-graphs-march-2020-report-edition/: ‘The quits rate decreased sharply from 2.3% in February to 1.8% in March, as workers’ confidence about job prospects declined amid the public health crisis and requisite state shutdowns…. While both the rates of job openings and hires decreased in March, openings did more so, leading to a slight increase in the vacancy yield… #equitablegrowth #labormarket #macro #noted #2020-05-18
