Here’s the JOLTS survey with the S&P 500 Index.
Here’s the JOLTS surveys with the 4-week moving average of initial claims. The 2020 lockdowns wreck the chart a bit, so first here’s the JOLTS with initial claims before the lockdowns:
Here’s since the lockdowns:
JOLTS peaked a year a go. Initial claims peaked in September. The ground is shifting beneath the bulls’ feet.