Details of the August 2016 US JOLTS report 12 October 2016

  • Prior 5.871m. Revised to 5.831m

  • Hires 5.210m v 5.258m prior

  • Separations 4.954m vs 4.991m prior

  • Quits 2.981m vs 2.977m prior

  • Layoffs 1.623m vs 1.639m prior

Job openings have been running as strongly as the rest of the labour market but there's signs that the trend might be starting to flatten. What would be nice is a decent move higher in quits as that can signal people trying to move up the jobs ladder into better positions and higher paid jobs.

US JOLTS job openings