The Job Openings and Labor Turnover Survey from the Fed:
- Prior was 4455K (revised to 4464K)
Job openings have absolutely surged and are back to the pre-crisis high. The jump in the past few months is so dramatic that I have to wonder if they’ve changed the methodology or some technological change is skewing the sample.
The US dollar is ticking higher on this but if it couldn’t rally on NFP, hard to see it sustaining a rally on this — even if the Fed adores this data set.
May JOLTS job openings
