JOLTS Day Graphs: December 2018 Report Edition
The quits rate edged down slightly in December, but it remains at high levels as workers face a labor market with historically high job openings.
As the labor market continues to tighten, there are fewer hires per available job openings.
The unemployment-per-job openings ratio was unchanged in December, with less than one unemployed worker per job opening.
The relationship between the jobs opening rate and the unemployment rate, also known as the Beveridge Curve, continues to demonstrate robust labor market conditions.