Re: paoli2 @ 1. Sunday, June 9, 2013 - 7:56 AM
It's not so simple as that. JOLTS, has no direct impact on savers. Ms. Yellen doesn't go with any one set of "report figures" as neither Bernanke, or any of his predecessesors, have done. JOLTS is just another report that the FOMC has available. Evidently, Yellen has deemed it a bit more important.
Please see: Calculated Risk: BLS: Job Openings decreased slightly in March
Where Ms. Yellen, the Fed vice chair, breaks some new ground is on the definition of a “substantial improvement” in the labor market. She has made clear that the unemployment rate and the pace of payroll employment growth are the primary indicators but watch out for the hire and quit rates. They are more timely and less volatile than payrolls and could be the measures to give us early warning that a “substantial improvement” is in sight.