Latest US quit rate just below peak

15 March 2019

 

The quit rate as a percentage of total US non-farm employment has been rising slowly but steadily since the end of the GFC. It is now close to its peak reading.  Figures released as part of the most recent JOLTS report show the quit rate has remained stable for a fourth consecutive month. During January, 2.3% of the non-farm workforce left their jobs voluntarily, the same rate as in December,...

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