Job Openings and Labor Turnover Survey (JOLTS) data for August from the Bureau of Labor Statistics reveal that the national economy, while sluggish, continues to trend better with respect to job openings. In particular, the job openings rate average for the middle of 2011 (2.4%) is the highest since the middle of 2008. However, the hiring rate, at 3.1%, has hovered at… Read More ›
Tag Archive for ‘JOLTS’
Employment Data Show Sluggish Growth
Job Openings and Labor Turnover Survey (JOLTS) data for July from the Bureau of Labor Statistics show an economy that is still adding jobs, but at a rate that is too slow to significantly improve the current economic landscape, particularly for housing. On a national basis, the JOLTS data continue to show that job openings are growing. While layoffs ticked up… Read More ›