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Surveys

Labor Market Tight. Goods Market Not So.

Ed Yardeni Ed Yardeni · · 1 min read
Labor Market Tight. Goods Market Not So.

The Fed would like to see fewer job openings to help moderate wage inflation. The time series is reported in the JOLTS report. January's update comes out March 8. It could jolt the Fed into remaining hawkish. That's because it is highly correlated with the The Conference Board's "jobs plentiful" series that came out today and that's been up two months in a row through February (chart).

Ed Yardeni
Ed Yardeni

Dr Ed Yardeni is the President of Yardeni Research, Inc., a provider of global investment strategies and asset-allocation analyses and recommendations.