Things Are Getting Better

In the "Things are Getting Better" department,  the Government reported yesterday that job openings rose in may to the highest level in almost seven years.  That same report showed that the number of unemployed job seekers per opening also fell to its lowest level in six years.  Here's some other charts that continue to illustrate economic improvement.

Civilian unemployment continues to decline to 6.1%.  Just eyeballing the chart that looks to this untrained eye as pretty close to the average since 1950.  

Initial jobless claims also continue to fall.  Again to this untrained economist this chart also looks like its getting pretty close to it's average rate.

As I look at it, each person who gets a job is one more person off the government's rolls, has money to spend and can also pay taxes.  All of this is healthy for the economy and probability suggests healthy for markets longer term.

No posting here now until Tuesday.