- by New Deal democrat
Last month I concluded my post on the July JOLTS report’s sharp declines by noting that “None of these statistics move in a straight line, so it would be a mistake to project this report’s relatively big moves forward. But the trend clearly remains in place.”
This month’s report for August showed that was the case, as all of the major metrics improved, most slightly, but openings strongly. Nevertheless, the decelerating trend continues to remain in place.