US quit rate up, openings to become focus in 2021

10 November 2020

 

Summary: US quit rate rises; job openings up, total separations down; policy makers to watch job openings “closely in early 2021”.   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. Quit rates plummeted as alternative employment opportunities rapidly...

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