Relevant and even prescient commentary on news, politics and the economy.

JOLTS and jobless claims: the labor market remains a strong positive

JOLTS and jobless claims: the labor market remains a strong positive  – by New Deal democrat The message from the JOLTS report for December yesterday and jobless claims for last week today is that the labor market remains the strongest sector of the economy, with plenty of unfilled job openings, and almost no layoffs. Initial […]

New jobless claims will end 2022 on a positive note

New jobless claims end 2022 on a positive note; preview of tomorrow’s jobs report  – by New Deal democrat Initial claims started off the year – or ended last year if you are technical about it – on a positive note, declining 19,000 to a 3-month low of 204,000. The more important 4 week moving […]

November JOLTS report consistent with a continued “hot” labor market

November JOLTS report consistent with a continued “hot” labor market  – by New Deal democrat  The JOLTS report for November showed both continuing decelerating trends in some series, but overall a picture of a labor market that continued “hot.” Here’s the graph I ran one month ago of job openings, hires, quits, and total separations: […]