Results of the Job Openings and Labor Turnover Survey
– was 5501K (revised to 5539K)
– Hires 3.7%
– Separations 3.6%
– Quits 2.2%
– Layoffs 1.1%
Yellen hinted at a good number yesterday. She touched on the quits rate, which is good news when it’s rising because it shows people moving to better jobs. It’s up from 2.0% in Jan 2016. It’s been slowly climbing from 1.5% in 2009.
