FYI: While last month’s June JOLTS (Job Openings and Labor Turnover) survey wasn’t very strong, July made up for it. Bureau of Labor Statistics data showed an explosion higher in job openings to new all-time highs, well in excess of private estimates of 5.3 million openings for the month. Separations declined as a percentage of the labor force, driven by a collapse in firings from employers.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jolts-tight-labor-markets-as-openings-soar/