Something I noticed in the JOLTS data was that if you subtracted out a "dynamic equilibrium" (log-linear path) [1], the residual data was almost sinusoidal (click to enlarge):
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Market-correlated fluctuations in employment…
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Something I noticed in the JOLTS data was that if you subtracted out a "dynamic equilibrium" (log-linear path) [1], the residual data was almost sinusoidal (click to enlarge):