Wednesday, September 7, 2016

Quits, Openings, Hires for July 2016

This chart is the year over year rate of change of Quits.  This is a very important labor indicator.  High quits implies high confidence among the labor pool.  This chart is steady and is a positive sign.

Here is Openings and Hires – year over year changes.  This doesn’t look very good at all.  But we do know from the Bureau of Labor Statistics that job growth has slowed down.

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