The monthly jobs report (also called the “employment situation”) gets a lot of attention for its comprehensive read on the state of unemployment in the United States.
But a lesser known report known as the Job Openings and Labor Turnover Survey (JOLTS) offers more detail into labor market churn, showing the flow of people in and out of jobs and the movement of people from one job to another.
Put together, the two reports (both produced by the Bureau of Labor Statistics) offer context on the…
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