May 2018 US JOLTS report 10 July 2018

  • Prior 6.698m. Revised to 6.840m
  • Hires 5.754m vs 5.578m prior. Revised to 5.581m
  • Separations 5.468m vs 5.408m prior. Revised to 5.424m
  • Quits 3.561m vs 3.351m. Revised to 3.349m
  • Layoffs and charges 1.588m vs 1.170m prior. Revised to 1.731m

Better than expected and quits show a decent rise too. That’s the metric that’s a fairly good indicator of a tightening market as it means a willingness to quit jobs to move up the ladder.

Ryan Littlestone

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