© 2024 WYPR
WYPR 88.1 FM Baltimore WYPF 88.1 FM Frederick WYPO 106.9 FM Ocean City
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

The Quit and Hire Rate

James Tipton/flickr

Recent data from the Job Opportunities and Labor Turnover Survey or JOLTS indicate that the U.S. labor market continues to strengthen. Though the JOLTS report is a month behind the highly publicized monthly employment report supplied by the Labor Department, it is still followed by economists because of the additional insights it provides. The most recent report indicates that both the rate of hiring and quitting jobs rose in early 2017.  

Anirban has more. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.