Hiring in December was up and quits were down. Hiring outnumbered total separations by 256,000:
This is positive news since the general trend has been downward for the past two years.
2 thoughts on “Employment was up moderately in December”
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Shriek, scream, gas prices, eggs, inflation coming to EET US IN OUR BEDZ!! etc.
Two straight months of increased openings. To reiterate, you should be paying attention to the Beveridge Curve.
Also, I think there's a way to visualize what's going on. Put wages on X-axis and the V/U ratio on the Y-axis.