JOLTS vs. Nonfarm Payrolls: Why the Numbers Can Disagree
JOLTS vs nonfarm payrolls: JOLTS measures job openings, hires and separations; the monthly Employment Situation reports net payroll employment changes and household-survey measures such as unemployment. They cover different labor-market concepts and may refer to different months. A decline in openings does not automatically mean payrolls fell. JOLTS vs. the jobs report at a glance … Read more