According to the Department of Labor, U.S. non-farm labor increased by 3.3 million in the past 12 months. However, as shown by the current JOLTS report summarized in the graphic below, this growth looks like it has plateaued at around 5 million open jobs. The number of open jobs leads the filling of these jobs by about 2-3 months so the JOLTS report is a strong leading indicator of where the job market is heading
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