JOLTS Incoming: What Job Openings are showing

Written By AD

This post can also be found on our substack


Our data is showing a few trends for multiple sectors as well as for US job openings in Aggregate. We have not done correlations on this with JOLTS yet but directionally we have seen a correspondence in the trends.

Here’s what we see for aggregate US Job Openings:


Above picture shows US Job openings - it follows a similar seasonal trend as last year but we see a dip more recently and the trend seems to be downward over the long term. At the least it’s safe to say there is no bounce.


Sector Trends


For sector trends we had to squint to find any sectors with an increase in job openings.

  • Basic materials has a big dip

  • Consumer cyclical is lower

  • Energy is down big

  • Industrials and Healthcare are lower

  • Real Estate is lower

  • Technology is Flat

The only sector that clearly has higher job postings open in May is Financial Services.


Again, we have not run correlations yet but this is what we see. JOLTS has other components which we have not factored yet.

With future reports we will have more quantitative data.

-Revealera Research

AD
Next

Blog Post Title Three