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Wednesday, July 8, 2020

Job Openings Rate Increases in May


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The monthly JOLTS (Job Openings and Labor Turnover) report is a closely-watched economic data out of the United States, further detailing the state of the labor market. Before interpreting it, though, investors should know that it does not refer to the previous month, but to the month before. 
As it is released forty days after the month ends, the tendency is to ignore its contents. For instance, yesterday’s release refers to May 2020, while we…

The post Job Openings Rate Increases in May appeared first on Vantage Point Trading.

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