A look at some of the key business events and economic indicators upcoming this week:
EYE ON JOBS
A new
The November Job Openings and Labor Turnover survey, or JOLTS, is due out Tuesday. The survey provides figures for overall hiring, as well as the number of quits and layoffs.
JOLTS job openings, in millions, by month:
May 5.37
June 6.00
July 6.70
Aug. 6.35
Sept. 6.49
Oct. 6.65
Source: FactSet
PERSISTENT TURBULENCE
Airline industry bookings have been deeply depressed since last March as businesses and individuals canceled or indefinitely put off air travel due to the coronavirus pandemic.
SIZING UP RETAIL SALES
The
Retail sales fell 1.1% in November, their biggest decline in seven months. That marked a downbeat start for the all-important November-December holiday shopping season, which typically accounts for a quarter or more of a retailer’s annual sales. Economists predict retail sales also fell in December, but by a far smaller 0.1%.
Retail sales, monthly percent change, seasonally adjusted:
July 1.1
Aug. 1.4
Sept. 1.7
Oct. -0.1
Nov. -1.1
Dec. (est.) -0.1
Source: FactSet
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