Simon Says: Job openings up, savings rate way down
In my continued effort to bring good news to the Augusta metro area, I can report that after several months of declining job openings, the Bureau of Labor Statistics announced last week that job openings in August were up 27,000 (8%) in Georgia and 7,000 (4%) in South Carolina. However, the only other variable in the Augusta Leading Economic Index (LEI) that improved was residential housing permits, up six percent. Initial claims for unemployment insurance increased by ten percent, while the Dow Jones Industrial Index fell 2 percent on the