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

July JOLTS report: the broad deceleration in the game of reverse musical chairs (generally) continues

July JOLTS report: the broad deceleration in the game of reverse musical chairs (generally) continues I have been writing since early this year that, because of the pandemic, there have been several million fewer persons looking for work, leaving a huge number of unfilled job vacancies, particularly in the face of a roughly 10% higher […]

June JOLTS report: at last, new hires (slightly) outpace record job openings

June JOLTS report: at last, new hires (slightly) outpace record job openings This morning’s (Aug. 9) JOLTS report for May was the best we have seen since the immediate rebound from the pandemic lockdowns.  There was yet another record level continued all of the unfilled job openings, yet another new record low in layoffs and […]