JOLTS Report Paints Crazy Picture

JOLTS Report Paints Crazy Picture

The Labor Department creates the Job Openings and Labor Turnover Survey – the JOLTS Report – which tracks monthly changes in job openings as well as job offerings and “quits.”  Unlike other reports that track employment data, the JOLTS reporting period lags by a...
GDP Jumps 6.4% in the First Quarter

GDP Jumps 6.4% in the First Quarter

The increase in real GDP in the first quarter reflected increases in personal consumption expenditures (PCE), nonresidential fixed investment, federal government spending, residential fixed investment, and state and local government spending that were partly offset by...