The Last Refuge
By sundance
The latest BLS Job Openings and Labor Turnover (JOLT) report [DATA HERE] reflects a headline of 4.3 million U.S. workers quitting in December. However, that number is 161,000 fewer quits than November. The job openings are starting to fill up.
While there is evidence the mandatory vaccine requirements are still working through the job market, we are still about another month away before the fog clears from the private sector employment data.
This Friday we will see the unemployment data from December, but in the interim this JOLT’s report is tracking with CTH expectations.