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JAN 28, 2014 - Forbes

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Quitters Never Prosper? In This Economy, Think Again

Here’s a positive trend for Americans, particularly low-income Americans: more people are feeling comfortable enough to quit their jobs. When Janet Yellin begins as Federal Reserve chief next month, one of the key trends she’ll track is growth in the so-called “quit rate,” which she said last year “would signal that workers perceive that their chances to be rehired are good--in other words, that labor demand has strengthened.” Data on quitters is part of the Job Openings and Labor Turnover (JOLTS) report issued by the Bureau of Labor Statistics (BLS). In recent months, things look better; ... Read More

Tags: Quitters Never Prosper? In This Economy, Think Again,  Unemployment Latest News