JOLTS Day Graphs: August 2018 Report Edition
1.
The quit rate stayed the same in August, at a high level of 2.4 percent, reflecting continued worker confidence in the labor market.
![](https://equitablegrowth.org/wp-content/uploads/2018/10/playfair-4.png)
2.
The vacancy yield continued its trend downward, to the historical low of 0.81.
![](https://equitablegrowth.org/wp-content/uploads/2018/10/playfair-1-1.png)
3.
The unemployment-to-job-openings ratio was little changed at 0.87 for August, still below one unemployed worker per opening.
![](https://equitablegrowth.org/wp-content/uploads/2018/10/playfair-2-1.png)
4.
As the job openings rate trends upward and the unemployment rate stays steady, the Beveridge Curve reflects a recovered labor market similar to its pre-recession trend.
![](https://equitablegrowth.org/wp-content/uploads/2018/10/playfair-3-1.png)