JOLTS data

Update: Ha! Apparently economists see today as extraordinary, but I predicted this back on 10 January 2017.

There's now 1.0 unemployed worker per job vacancy, the lowest rate on record. #JOLTStwitter going nuts. (Series starts in 2001.) pic.twitter.com/q2tokzgIqe

— Justin Wolfers (@JustinWolfers) May 8, 2018

Update: Here is the most recent data (black) overlaid on the original forecast from here (which also shows the original code):

Original post:

I was busy running around doing work stuff today, so I won't belabor the fact that the latest JOLTS data doesn't really change things from the previous assessment.