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JOLTS Data/Revisions - 1000ET

US DATA
  • Today’s JOLTS annual revision will see NSA and SA data from Jan’18 onward subject to revision plus possibly additional historical data as a result of the benchmark process.
  • They are potentially of note after much has been made from various FOMC members of the particularly high levels of openings to unemployed, which at a ratio of 1.92 in Dec was still hovering close to record highs in December.
  • Job postings from Indeed are in line with BBG consensus for openings to fall from 11.0M to 10.55M in Jan, and continued to fall to an equivalent 9.9M as of end Feb.

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