JOLTS Day Graphs: November 2022 Edition
The quits rate remained relatively steady in November 2022, increasingly slightly to 2.7 percent as 4.2 million workers quit their jobs.
With the number of job openings (10.5 million) and hires (6.1 million) remaining at similar levels to the previous month, the vacancy yield stayed at 0.58 in November.
There were 0.57 unemployed workers for every job opening in November, reflecting the relatively steady state of the unemployment rate and the job openings rate.
The Beveridge Curve, which shows the relationship between job openings and unemployment, likewise did not reflect any movement in November 2022.
Overall job openings remained near 10.5 million in November, but declined in sectors such as education and health services, financial activities, and leisure and hospitality.