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Representative David Schweikert - Vice Chairman

Weekly Economic Update February 16-20, 2015

Weekly Economic Update February 16-20, 2015

 

Daily Econ Digest Weekly Highlights:

 

Top Economic Indicator Highlights:

Job Openings & Labor Turnover Survey (JOLTS, December)

  • Job openings: 5.028 million, 12-mo avg.: 4.561 million, Recovery avg.: 3.530 million
  • Hires: 5.148 million, 12-mo avg.: 4.856 million, Recovery avg.: 4.345 million
  • Separations (quits, layoffs, discharges): 4.886 million, 12-mo avg.: 4.616 million, Recovery avg.: 4.203 million
  • Noteworthy: Of separations, there were 2.7 million quits and 1.7 million layoffs. This was the highest level of job openings since January 2001, the highest level of hires since November 2007, and the highest level of separations since October 2008.

 

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