> JOLTS defines Job Openings as all positions that are open (not filled) on the last business day of the month. A job is "open" only if it meets all three of the following conditions:
1. A specific position exists and there is work available for that position. The position can be full-time or part-time, and it can be permanent, short-term, or seasonal, and
2. The job could start within 30 days, whether or not the establishment finds a suitable candidate during that time, and
3. There is active recruiting for workers from outside the establishment location that has the opening.
Very likely which is the point of the ghost jobs and gives the illusion that the OP is falling for. Companies (especially publicly traded ones) do not want analysts at banks or hedge funds using their careers page as a good / bad signal.
"Cope" is ignoring every stat that disagree with what you want to believe. We aren't in a great economy, It looks like it is flattening, but not bad, not shrinking, and there is an abundance of jobs.
zeroonetwothree|1 month ago
> JOLTS defines Job Openings as all positions that are open (not filled) on the last business day of the month. A job is "open" only if it meets all three of the following conditions:
1. A specific position exists and there is work available for that position. The position can be full-time or part-time, and it can be permanent, short-term, or seasonal, and
2. The job could start within 30 days, whether or not the establishment finds a suitable candidate during that time, and
3. There is active recruiting for workers from outside the establishment location that has the opening.
rvz|1 month ago
Therefore, it is cope.
jibe|1 month ago
https://fred.stlouisfed.org/series/UNRATE
OK, how about employment, if the jobs are fake, this should be down:
https://fred.stlouisfed.org/series/PAYEMS
"Cope" is ignoring every stat that disagree with what you want to believe. We aren't in a great economy, It looks like it is flattening, but not bad, not shrinking, and there is an abundance of jobs.