Job Openings down
NFIB Small Business Optimism Index (June 2016)
– Optimism level 94.6. Previous was 93.8.
Small business optimism has recovered from the low it hit in March.
Redbook Chain Store Sales (week ended 7/9/2016)
– Chain Store Sales year/year +0.8%. Previous was +0.6%.
JOLTS (May 2016)
– Job Openings 5,500,000. Previous was 5,845,000
This report has showed recently what is wrong with the Jobs Market and, by implication, the economy. Job Openings were increasing and many went unfilled because the skill set required was
not possessed by those seeking jobs.