Dated” June JOLTS report gets mixed reviews

10 August 2020

 

Summary: US quit rate increases for second consecutive month; job openings also up; total separations up; accommodation & food sales sector largely responsible for increases in all categories; report “dated” according to some economists; number of openings “all the worse” in light of total jobless figure.   The number of US employees who quit their jobs as a percentage of total employment increased slowly but steadily after the GFC. It...

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