BLS: Low Labor Turnover in June + Weekly Initial Unemployment Claims increase, Highest since February

[mEDITate-OR:
not get a real jolt outa da JOLTS...

While even the main line media does not show U.S. any chart for the new unemployment numbers any more, Jim @ CR not only shows U.S. that, but also the JOLTS report.
As you can see in the 1st chart, there are a LOT of hires, layoff, quits & fires, and job openings.
A recession does NOT mean that things stop.
So, what this tells U.S. is what is changing and in which direction.

As you can see in the 2nd chart, we are wallowing in the doldrums.
While "everyone" has been trying to tell U.S. that we are on the way UP...!!!
The facts are, we are not.
mcCain't be getting worser..,, but tis not gettin better, nor wise.
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The following [First] graph shows job openings (purple), hires (blue), Total separations (include layoffs, discharges and quits) (red) and Layoff, Discharges and other (yellow) from the JOLTS.

Unfortunately this is a new series and only started in December 2000

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This [Second] graph shows the 4-week moving average of weekly claims since January 2000.

The four-week average of weekly unemployment claims increased this week by 14,250 to 473,500.

The dashed line on the graph is the current 4-week average. The 4-week average of initial weekly claims is at the highest level since February, and suggests further weakness in the labor market.

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BLS: Low Labor Turnover in June

http://www.calculatedriskblog.com/2010/08/bls-low-labor-turnover-in-june.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29

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Weekly Initial Unemployment Claims increase, Highest since February
http://www.calculatedriskblog.com/2010/08/weekly-initial-unemployment-claims_12.html
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