HALISTER1: U.S. ECO PREVIEW: JOLTS Due in 5 Minutes

U.S. ECO PREVIEW: JOLTS Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News; Bloomberg will be live blogging after the employment report, please follow the TOPLive blog here.
  • JOLTs Job Openings 5750; range 5700 to 5800 (5 estimates)
    • In March, job openings rose to 5.74 million, an eight-month high
    • Recent data suggest the slowdown in retail job growth is being driven by less hiring rather than more job cuts; retail job cuts are hovering near historical lows: Bloomberg Intelligence
    • Data also show the quits rate in the construction industry has risen over the past year, signaling labor shortages: BI

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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