December JOLTS report: while hiring has weakened, firing (and quitting) continue to show a strong labor market
December JOLTS report: while hiring has weakened, firing (and quitting) continue to show a strong labor market – by New Deal democrat Yesterday’s JOLTS report for December showed a labor market that, while decelerating, remains relatively strong. Let me start with layoffs and discharges, which increased by 85,000 to 1.616 million (blue in the graph […]