Monday, December 11, 2017

JOLTS data day!

The latest data from the Job Openings and Labor Turnover Survey is out today on FRED and we're here with another update of the forecast performance/recession indicator. Here are the hires and openings data:


Here's the update of the hires shock counterfactual evolution (a fall in hires might be a leading indicator):


Here's the updated Beveridge curve as well:


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