US quit rate ticks up in February, “labour market should remain strong”.

29 March 2022

 

Summary: US quit rate up in February; quits up, job openings down, separations up; openings remain at high level, “labour market should remain strong”. 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 quit rate then plummeted as...

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