Janet Yellen’s “Favorite” Jobs Indicator Just Shrieked A Rate Hike Is Imminent

by Tyler Durden
ZeroHedge.com
09/09/2015

Earlier today, all eyes were focused on Janet Yellen’s favoriote Jobs indicator – the JOLTS report, and especially the total nonfarm Job Openings. And here a big problem appeared because while the Fed is now facing tremendous pressure from the outside not to hike in September, the JOLTS report not only gave a green light, but literally shrieked a rate hike in September is inevitable. The reason: the Job Openings number soared from 5.323MM toi 5.753MM, smashing expectations of a drop to 5.3MM. In fact, the monthly increase in openings of 430,000 was the highest stretching all the way back to April 2010, and was the fourth highest monthly jump in the history of the series!

The Rest…HERE

This entry was posted on Wednesday, September 9th, 2015 at 10:45 am and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.