Marketplace®

Daily business news and economic stories
Donate
Nov 6, 2018

Some job openings aren’t real. Here’s why.

What the JOLTS report can tell us about the state of the labor market.

by Mitchell Hartman
Job seekers arrive at the Walter E. Washington Convention Center for The Opportunity Hiring Fair in Washington, DC, on September 20, 2017.
Job seekers arrive at the Walter E. Washington Convention Center for The Opportunity Hiring Fair in Washington, DC, on September 20, 2017.
MANDEL NGAN/AFP/Getty Images

Employers added 250,000 new jobs in October, and the unemployment rate is at a 49-year low of 3.7 percent. We get another look at the labor market Tuesday morning — the JOLTS report on job openings and hiring. It’s expected to show continued strength in the labor market. But the numbers may not be quite as stellar as they seem.

 

Related Topics