Job openings, in a sign of weakness for the labor market, continue to decline but remain historically high:
Hiring remains flat following lockdown volatility:
Layoffs and discharges are lower than ever after an unprecedented spike:
Workers continue to gain back confidence to quit their jobs:
Overall, these metrics look strong when considering their current levels and comparing them to the Financial Crisis. Some weakness was always expected but each indicator has shown significant resilience. This is a big positive for the labor market and supports the narrative of an ongoing recovery.
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