Now that there are more unemployed Americans than job openings, this situation should provide them with some reassurance. Jobs week continuesWe have several more important economic reports coming out this week, including the ADP jobs report, jobless claims report and the crucial monthly nonfarm payroll jobs report from the BLS on Friday. The previous BLS jobs report was significantly below expectations, so even a small improvement would be notable. ConclusionWhile today’s job openings report wasn’t terrible, it was soft enough to lower bond yields. This will be the last job openings report before the next Fed meeting and the Fed has emphasized this data point significantly over the years.