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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (71800)2/9/2007 9:22:42 PM
From: jimmg of 306849
 
That's a great point. The number of job openings at the end of each month tells a story but so does the activity within the month.

You can reconcile job openings from period to period by the following calculation

job openings, beginning of period

+new positions

+separations

-new hires

=job openings, end of period

Since we know all of the above from the bls website with the exception of new positions, we can calculate this number. Monthly new positions is probably the key number to focus on to determine expansion or contraction in the demand for employees.

For December, that number is 513,000 jobs. Quite strong indeed.

I'm with LIG. I do not think the bear market started yesterday.
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