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home / news releases / QQQE - Declining Job Openings Occurring From A High Level


QQQE - Declining Job Openings Occurring From A High Level

In Tuesday's release of the Job Opening and Labor Turnover Survey (JOLTS), job openings declined 364,000 to 6.4 million. This is a decline in openings from a high level of 7.6 million reached in November 2018. The blue line in the below chart represents hires in December, and this line continues to trend higher at a fairly steady pace. In other words, the pace of hiring has not slowed.

The number of unemployed individuals continues to be lower than the number of job openings, an indication that the labor market remains tight. Although the JOLTS

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Stock Information

Company Name: Direxion NASDAQ-100 Equal Weighted Index Shares
Stock Symbol: QQQE
Market: NASDAQ

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