JOLTS Day Graphs: June 2021 Edition
The quits rate rose to 2.7 percent in June as 3.9 million workers quit their jobs.
The vacancy yield increased slightly in June but remained low, as job openings reached a series high of 10.1 million and hires rose to 6.7 million.
The job openings rate increased to 6.5 percent in June, with job openings remaining particularly elevated for the manufacturing industry and for leisure and hospitality, but low for the financial activities sector.
The ratio of unemployed workers to job openings decreased to 0.9 in June, approaching pre-coronavirus recession levels.
With a slight increase in the unemployment rate and the job openings rate rising to a series high, the Beveridge Curve continues to move in atypical territory, compared to previous business cycles.