Thursday, February 18, 2010

JOLTS Data

JOLTS is the Job Openings and Labor Turnover Survey of the Bureau of Labor Statistics.

This is where they keep track of things like hires, separations, and openings.

The picture this data paints is of a more ossified job market. Hires are down. So are job openings. But turnover is also down: layoffs are about back to normal, but quits are way down.

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