Job openings and hires rose in April. Meanwhile, separation including layoffs fell. bls.gov/news.release/pdf/jolts.pdf

Today’s data is a reminder that the labor market continues to be quite strong. But keep in mind that the numbers have generally cooled from their hottest levels. tker.co/p/weekly-macro-jobs-fed-silicon…

I’ll write more about this later this week. For now, you can catch up on my views here: tker.co/p/job-openings-quantity-down-qu…

The good kind of deteriorating labor market 👍
All of the right metrics are cooling in a 'bad news is good news' way 🤷🏻‍♂️
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