More Weakness in Jobs Market?
Redbook Chain Store Sales (week ended 5/9/2015)
– Store Sales year/year +2.1%. Previous was +1.6%
NFIB Small Business Optimism Index (April 2015)
– level 96.9. Previous was 95.2
This is a survey index.
JOLTS (March 2015)
– Job Openings Job Openings 4,994,000. Previous was 5,133,000.
The JOLTS report is the Labor Department’s Job Openings and Labor Turnover Survey.
This conforms the mediocre BLS report last week and the negative Labor Market Conditions Index from the Fed yesterday. The jobs market is softening despite media reporting otherwise.