The Quit and Hire Rate
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.
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