Job Openings and Stock Market Returns
November 26, 2021 - Economic Indicators, Equity Premium
Do U.S. non-farm job openings, a measurement from the Job Openings and Labor Turnover Survey run monthly by the U.S. Bureau of Labor Statistics, have implications for future U.S. stock market return? High (low) job openings rate may indicate a strong (weak) economy and/or may signal high (low) wage inflation. To investigate, we relate job… Keep Reading