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John Lounsbury
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John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
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John B Lounsbury CFP
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Global Economic Intersection
  • Employment: Separations Declining but Hirings not Increasing 0 comments
    Feb 9, 2010 12:45 PM

    The monthly JOLTS report (Job Openings and Labor Turnover Summary) shows that there are still six unemployed people for every job opening.  The gap between hirings and a larger number of separations is narrowing, but so far it is because fewer are losing/leaving jobs and not because more are finding new jobs.  Calculated Risk has an excellent graphic:

    Click on image for larger graph

    The latest data is for December.

    Disclosure: No stocks mentioned.

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