Job Vacancies Down

The number of new job vacancies were down for yet another week, according to the latest weekly report from the Labour Market Administration. Now the picture is beginning to look less optimistic than it did in the beginning of this year and in the end of last. The Riksbank wrote in its latest Inflation Report under the headline "Signs of improvement in the labour market" that "the number of new job vacancies reported to employment offices has risen". As is clear from the diagram is that this rise has slowed and reversed during the last couple of months. (Being more careful with seasonal adjustment makes the situation look brighter for the recent months, but worse for the beginning of the year. At any rate, the situation seems worse than it did according to the Riksbank's description)