FYI: The Job Openings and Labor Market Turnover Survey (JOLTS) released today by the Bureau of Labor Statistics suggests that demand for labor continues to grow, confirming the strong payrolls growth reported last week in the Employment Situation Report. While wages are still flat (average hourly earnings were flat month-over-month for September), demand for labor is very strong, as shown by the job openings rate. Employers have more unfilled positions now than ever, and after adjusting for labor force growth, the rate is as low as it has been since 2001.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/10/7/jolts-leaps-suggests-continued-labor-market-gains.html?printerFriendly=true
