by Mike ‘Mish’ Shedlock
Mish Talk
The BLS JOLTS (Jobs Openings and Labor Turnover) report came out today.
The BLS claims jobs openings are up. Based on an alternate reports, I suggest opening are not only down, but falling steeply.
The implications are huge, so let’s dive into the discrepancies.
BLS: Job Openings vs. Hires