- Says many people will re-join the labor force as the economy improves
Bernanke, on April 10, said the JOLTS job openings data is a great indicator of underlying employment market and said it makes him skeptical of recent jobs gains. The March JOLTS data will be released Tuesday.
Comparing the JOLTS data to the unemployment rate shows a solid inverse relationship but somewhere around 3600-3800 would make Bernanke much more comfortable.
