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Chart of the Week

Archived Chart: From July 12, 2019

New data from the Job Openings and Labor Turnover Survey (JOLTS) showed that the number of unfilled job openings declined in May. Prior to the start of the recession in 2007, this indicator rolled over. Hence, further declines from the current level could raise the likelihood of a recession ahead. Stay tuned as we keep track of this important indicator in coming months...

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