JOLTS – May 2016

By |2016-11-17T15:46:02+00:00July 12th, 2016|Categories: Lagging|Tags: |

Job openings fell sharply in May, to 5.500 million from April's revised 5.845 million for the lowest rate since February. The results pull down the job openings rate by 2 tenths to plus 3.7 percent, where it also was in May last year. The hiring rate is unchanged at 3.5 percent. On the breakup side of the labor market, the quits rate is unchanged at 2.0 percent and is not pointing to much confidence among workers who [...]