The Job Openings and Labor Turnover Survey (JOLTS) published this morning shows that there are 5.8 million current job openings–up 40K from last month. It’s higher in part because 59% of people that have been out of work for two years or more have given up their search.
And CoreLogic reports that home prices rose 1.8% last month alone, bringing the year-over-year value increase to 6.2%. This has been stimulated by low interest rates and fewer homes available for purchase.
