April JOLTS report: firming in hires, quits, and a (good) decline in layoffs, while “fictitious” job openings continue their slide
– by New Deal democrat The JOLTS report for April showed most metrics rebounding slightly from March lows, with the exception of the “soft data” job openings. The overall picture is that hiring is weak relative to the past five years, but so are layoffs, and voluntary quits are equally relatively strong, balancing them out. […]