Moses - You are correct. LinkUp's data shows 4.93M job openings in June in the U.S. as compared to JOLTS which came in today at 8.18M. I'd argue, however, that for multiple reasons the JOLTS number is inflated to some extent based on their methodology. My best estimate of the actual number of openings (and it is admittedly an entirely unknowable number) in the U.S. at the moment would be around 6.6M job openings. Finally, I'd say that the signal or insight in our data resides in the trend line of our data, especially relative to JOLTS data which is also released a month later than LinkUp's data.
Moses - You are correct. LinkUp's data shows 4.93M job openings in June in the U.S. as compared to JOLTS which came in today at 8.18M. I'd argue, however, that for multiple reasons the JOLTS number is inflated to some extent based on their methodology. My best estimate of the actual number of openings (and it is admittedly an entirely unknowable number) in the U.S. at the moment would be around 6.6M job openings. Finally, I'd say that the signal or insight in our data resides in the trend line of our data, especially relative to JOLTS data which is also released a month later than LinkUp's data.
What does the rhs axis mean in the jolts v. linkup chart? Does linkup show 5M v. 8m?