2017 Economic Calendar
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JOLTS  
Released On 3/16/2017 10:00:00 AM For Jan, 2017
PriorPrior RevisedActual
Job Openings5.501 M5.539 M5.626 M

Highlights
Job openings came in at 5.626 million in January and remain strong and right at their 2-year trend. But showing new acceleration is hiring which rose 2.6 percent in the month to 5.440 million for one of the best readings of the economic cycle. In other readings, the quits rate, up 1 tenth to 2.2 percent, hints at improved confidence among workers while the layoff rate remains low and unchanged at 1.1 percent.

The narrowing in what has been a stubbornly large gap between openings and hirings is welcome of course but also may hint at possible wage inflation if employers have to make better offers to get their new recruits.

Definition
The Labor Department's JOLTS report tracks monthly change in job openings and offers rates on hiring and quits. The reporting period lags other employment data including the employment situation report. The word JOLTS stands for Job Openings and Labor Turnover Survey.  Why Investors Care
 
[Chart]
The Job Openings and Labor Turnover Survey provides a different angle to labor market conditions. The key numbers are job openings, hires, and total separations.
Data Source: Haver Analytics
 

2017 Release Schedule
Released On: 1/102/73/164/115/96/67/118/89/1210/1111/712/11
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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