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Tuesday, June 10, 2014

'Jobs Openings Increase Sharply to 4.5 Million'

Bill McBride, aka Calculated Risk:

BLS: Jobs Openings increase sharply to 4.5 million in April: From the BLS: Job Openings and Labor Turnover Summary ...

Jobs openings increased in April to 4.455 million from 4.166 million in March.   

The number of job openings ... are up 17% year-over-year compared to April 2013.

Quits are up 11% year-over-year. These are voluntary separations. ...
It is a good sign that job openings are over 4 million for the third consecutive month, and that quits are increasing.

But it's still too soon for policymakers to declare victory. Well, monetary policymakers anyway. Fiscal policymakers turned their backs on the unemployed long ago.

    Posted by on Tuesday, June 10, 2014 at 12:57 PM in Economics, Unemployment | Permalink  Comments (11)

          


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