CORRECT U.S. ECO PREVIEW: Job Openings Report Due at 10am
(Bloomberg) -- (Corrects to indicate report is due at 10am ET, not 8:30.) Following are
forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- JOLTs Job Openings 5650; range 5600 to 5750
- JOLTS data, which lag other employment statistics by a month, add context to the monthly payrolls figures
- “Survey data suggest companies’ willingness to hire remains strong, which could be reflected in a pickup in job openings. Quitters may feel more comfortable to leave amid rising wage pressures": Bloomberg Intelligence
- In January, job openings rose to 5.636 million and the quits rate matched a post-recession high
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HALISTER1Source: BFW (Bloomberg First Word)
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