US quit rate unchanged but openings plunge

09 April 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 approached its series peak in August 2018 but, since then, it has not increased any further.  Figures released as part of the most recent JOLTS report show the quit rate has remained effectively unchanged. During February, 2.3% of the non-farm workforce left their jobs voluntarily, the...

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