Report

Data Round-Up: Initial UI Claims Remain Low, Job Openings Climb

posted by Michael Lewis on October 09, 2014

Found in US, categorized in Growth Outlook and Business Cycle

Tags: FMI michael lewis job opening labor turnover survey unemployment claim

Report Cover

Headline

Initial UI claims remain low, likely reflecting little more than the ordinary frictional job changes in a healthy economy. Job openings reached a 13-year-high this summer.

Abstract

FMI’s review of the latest Weekly Initial UI Claims data and this week’s August Job Openings & Labor Turnover Survey (JOLTS) results. Also this morning, Wholesale Inventories were reported up +0.7% in August on top of a small upward revision to July. With about half the inventory data in for 14Q3, FMI believes that the non-farm inventory change component was a moderate drag on real GDP.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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