Quit Rate Hits Pre-Recession High
from Statista.com
– this post authored by Sarah Feldman
The quit rate rose to an 18-year high, rising above a pre-Great Recession peak, signaling that workers feel confident in their ability to score a new job after leaving their current position, according to data from the Federal Reserve Bank of St. Louis. Around 3.6 million workers quit last month, the first time the nominal number rose in a year. The quit rate measures the number of private-sector employees who willingly left their jobs in any given month.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201909210226
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