Over the last two weeks during the Mauldin SIC conference (which we are still digesting), multiple speakers mentioned the Jolts Index -Job Openings Labor Turnover – A Bureau of Labor Statistic (BLS) that measures job openings.
Back in August of 2020, here we first took note of the movement in the Index as it made a turn at the bottom of this chart and actually surprised to the upside.
JOLTS Index Today
Fast forward to today and noting what the Mauldin speakers featured, this Index is at an ALL TIME high!
- Tons of Jobs Available
- Job Seekers Market
- Tough on Employers
- Could lead to higher wages (Inflation?)
Have a Great “JOLTS Update” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth