US JOLTS report maintains job market “strength”

06 August 2019

 

The quit rate as a percentage of total US non-farm employment had been rising slowly but steadily since the end of the GFC. It peaked in August 2018, stabilised and then remained largely unchanged through the remainder of 2018 and into 2019 at a historically-high level. Despite international factors casting doubts on future economic conditions, the latest figures are yet to show signs of significant change in the domestic US...

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