Here Comes The Job Openings Report...
Feb 11, 2014, 20:09 IST
Heads up! We're just minutes away from the Bureau of Labor Statistics' Job Openings and Labor Market Survey ("JOLTS" report) for December.
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Job openings are expected to come in at 3.980 million, down slightly from November's 4.001 million print.
JOLTS tracks job openings, hires, layoffs, and quits. And while the report is often the neglected little sibling of the monthly jobs report, newly minted Fed Chair Janet Yellen has cited JOLTS as an important labor market indicator.
So market-watchers would be wise to keep an eye on JOLTS during Yellen's term.
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