- Prior month 7.508M revised from 7.600M
- Quits rate 2.1% versus 1.9% last month
- Vacancy rate 4.6% versus 4.5% last month
Detais
- Total separations in January remained stable at 5.3 million (3.3%).
- Quits were unchanged at 3.3 million (2.1%), with increases in construction (+53K) and mining/logging (+6K).
- Layoffs and discharges held steady at 1.6 million (1.0%), with a decline in mining/logging (-8K).
- Other separations remained at 350K.
- Hires in January remained steady at 5.4 million (3.4%).
- Mining and logging hires declined by 6K.
This article was written by Greg Michalowski at www.forexlive.com.