U.S. Job Openings Rate
U.S. Job Openings Rate U.S. job openings are near record high, with 11 million open jobs in October, as hiring struggles persist. Image: BofA Global Research
U.S. Job Openings Rate U.S. job openings are near record high, with 11 million open jobs in October, as hiring struggles persist. Image: BofA Global Research
U.S. Employees on Nonfarm Payrolls and JOLTS Job Openings U.S. job openings hit another record high, as hiring struggles persist. Image: Morgan Stanley Wealth Management
U.S. Labor Market – JOLTS Job Openings Minus Total Unemployed There are once again more job openings than unemployed Americans. Image: J.P. Morgan Asset Management
Labor Market – U.S. Total Job Openings Less U.S. Unemployed Persons There are now more job openings in the United States. than unemployed persons. Image: Morgan Stanley Wealth Management
U.S. Labor Market – NFIB Small Business Job Openings Hard to Fill U.S. job openings rose to a two-year high, as small businesses report difficulty filling jobs. Image: BofA Global Investment Strategy
U.S. Core CPI and JOLTS Job Openings (Leading Indicator) JOLTS Job Openings tend to lead U.S. core CPI by 12 months. Image: BCA Research
U.S. Job Openings and Unemployment The U.S. labor market is very tight. There are still more open jobs than unemployed workers. Image: FactSet
NFIB Job Openings and Recessions This chart shows that NFIB job openings, while high, could suggest a looming recession. Image: Nordea and Macrobond
Job Openings and Average Weekly Hours The number of job openings fell in August, mirroring the decline in average weekly hours, and confirming that the U.S. labor market is cooling. Image: TD Bank Financial Group
Why Potential GDP Has Been Cut in Half Since the 1950’s? The main reason is a lower productivity than previous business cycles, due to: – lower population growth – the service sector is growing faster than the industry sector – lower quality jobs in the service sector have a lower productivity than in the industrial…