US quits, openings, separations all up in October

Summary: US quit rate rises in October; ANZ: monetary policy is restrictive, restraining labour demand; short-term US Treasury yields steady, longer-term yields rise; expectations of Fed rate cuts firm; more quits, more openings, more separations; Westpac: job openings consistent with gradually loosening conditions in labour market. The number of US employees who quit their jobs as a percentage of total employment increased slowly but steadily after the GFC. It peaked...

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