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Tuesday, December 12, 2017

There’s One Job Opening for Every Unemployed American-highest level in decades @WSJ

The @wsj reports in its Daily Shot: https://dowjones.us14.list-manage.com/track/click?u=5a1e9cf11f172c5ca14fd9062&id=52439912a4&e=51a4af0f13

(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?

 

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