#JOLTS August 2020 Edition:
Job openings edged down slightly! At 6.5 million
Layoffs and discharges down
Job openings edged down slightly! At 6.5 million
Layoffs and discharges down
Not only are layoffs and discharges down, they are at a series low!
Job openings are still well below pre-pandemic levels 
About 2 unemployed people per job opening, but that ratio is lower if you look only at core unemployment: ~ 1.5 per opening
But the ratios for more enduring forms of joblessness ticked up in August
With the sideways move in job openings, the (adjusted) Beveridge Curve looks more stable.
In other words: not sign here of a rise in structural unemployment!
The layoffs and discharges rate for arts, entertainment, and recreation fell by more than half! From 5.1% to 2.5%
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