# How JOLTS Data Is Confusing the Job Market Picture

Page: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/how-jolts-data-is-confusing-the-job-market-picture
Text version: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/how-jolts-data-is-confusing-the-job-market-picture.md
Podcast: [Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data](https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725)
Published: 2026-06-18T05:48:09+00:00
Episode link: https://audio.fexingo.com/business/economic-indicators/episode-0059.mp3
Audio file: https://audio.fexingo.com/business/economic-indicators/episode-0059.mp3
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JSON: https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/how-jolts-data-is-confusing-the-job-market-picture
Duration seconds: 495

## Resource

Lucas and Luna dive into the latest JOLTS data from April 2026, which showed a surprising jump in job openings to 7.6 million—even as hiring remained flat and the unemployment rate stayed at 4.3 percent. They explore what this divergence means for the Fed, wage growth, and whether the labor market is tightening or loosening. Lucas explains why the ratio of openings to unemployed workers matters more than raw numbers, and Luna questions whether JOLTS is still a reliable signal given declining response rates. Tune in for a clear-eyed look at one of the most puzzling data points in the current economy. #JOLTS #JobOpenings #LaborMarket #Fed #FederalReserve #KevinWarsh #WageGrowth #Unemployment #QuitsRate #Hiring #Economics #EconomicIndicators #DataReliability #FexingoBusiness #BusinessPodcast #EconomicPodcast #MacroData #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo

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