wpostServer: http://css.washingtonpost.com/wpost2

No, the awful jobs numbers weren’t a fluke

at 04:25 PM ET, 06/19/2012

JPMorgan’s chief economist Michael Feroli explains in a new research note:

The April Job Opening and Labor Turnover report was soft, lending some credence to the view that the April-May slowing seen in the payroll report was real and not a statistical fluke. The number of job openings in April fell 325,000 to 3.416 million, the lowest level since November of last year. Private job openings fell 282,000 — the most since early 2009 — to 3.080 million.

Nuts.

 
Read what others are saying

    Most Read: Business

    DJIA
    -0.42%
    S&P 500
    -0.45%
    NASDAQ
    -0.05%
     Last Update: 01:20 AM 07/30/2014

    World Markets from      

     

    Other Market Data from      

     

    Key Rates from