JOLTS Day Graphs: July 2019 Report Edition
The quit rate increased slightly to 2.4%, after holding steady at 2.3% for over one year.
Hires increased in July while job openings decreased very slightly, which may signify a slowing labor market expansion.
Job openings declined slightly in July, but there continues to be fewer than one unemployed worker per job opening.
The Beveridge Curve continues to hover at a high rate of job openings and a low rate of unemployment, demonstrating an expansionary labor market even as job openings declined slightly in July.