Bottom Line:  The Job Openings Layoffs and Turnover Survey showed sharply lower job openings in July and negative revisions to prior data. Moreover, the quit rate continued to trend lower, following the trend in openings. While the level of openings...

Bottom Line:  The Job Openings Layoffs and Turnover Survey showed sharply lower job openings in June, and (unlike in May) there were downward revisions to previously reported openings. Importantly, the quit rate, which had been ticking surprisingly higher again, resumed...

Bottom Line:  The Job Openings Layoffs and Turnover Survey showed sharply lower job openings in May, but there were upward revisions to previously reported openings. Lagged relative to most labor reports and our nowcast forecasts, the JOLTS survey is helpful...

Bottom Line:  The Job Openings Layoffs and Turnover Survey showed higher-than-expected job openings in April. But importantly, the quit rate continued lower, suggesting employees are less confident that the labor market is so tight they can quickly get a new...

Bottom Line:  The Job Openings Layoffs and Turnover Survey showed lower-than-expected job openings, dropping to a new cycle low. Layoffs also increased modestly. While the level of openings and the rates of voluntary quits are still high, the trend has...