JOLT: Biggest Crash In Job Openings

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Is this good news or bad? The markets likes it since it is less inflationary...


Shocking JOLT: Biggest Crash In Job Openings On Record (Outside Of Global Covid Lockdown)

while the first derivative of job openings was a disaster, the absolute number of openings remained high: at 10.05 million, there was still a generous 4.039 million more job openings than unemployed workers... which nonetheless was the lowest number since October 2021.
https://www.zerohedge.com/markets/s...openings-record-outside-global-covid-lockdown


Chart: https://cms.zerohedge.com/s3/files/inline-images/joolts drop 2022-10-04_10-09-14.jpg?itok=B6g1NJCZ
 
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