(not seasonally adjusted)
THE UNITED STATES
1. Let's begin with some updates on the labor markets which continue to tighten.
• The latest reports show that we now have one job opening for every unemployed American. This ratio is at the highest level in decades.
• The quits rate remains at post-recession high, suggesting confidence in the job market.
• Job openings in wholesale trade dipped by most in a decade. A temporary blip?
2. Prime-age labor force participation among American men has been declining since the 1950s.
Source: @jeannasmialek, @josephncohen; Read full article
3. The percentage of unincorporated self-employed Americans continues to trend lower. Everyone has an LLC/S-corp these days?
