US quit rate still elevated after May decline

07 July 2021

 

Summary: US quit rate falls back in May after hitting new high in April; quit rate “still elevated”; job openings up, separations down; “job matching” issues still evident.   The number of US employees who quit their jobs as a percentage of total employment increased slowly but steadily after the GFC. It peaked in March 2019 and then tracked sideways until virus containment measures were introduced in March 2020. The...

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