Monday to Friday, Mike Carr highlights a chart that catches his eye — and what it could mean for markets or the economy going forward. Check out his analysis from the last week…
Job Openings Are Collapsing
Job openings at the end of March fell to 8.49 million. That’s down 12% over the past year. The number of job openings per unemployed worker fell to 1.32. That’s still above the 2019 average of 1.19, but this ratio has been falling as the number of openings declined. It’s a sign of a tightening job market.
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