The (Slightly) Frothier Job Market

on November 8, 2011

Gunsworthy3

“Job churn” was up in September, and this is an encouraging sign of life for the job market and the economy in general. As Economix reports, when companies feel comfortable hiring as well as firing, then it’s a good sign that we might be pulling away from the death spiral of having workers leave without being replaced.

September’s number of “quitters” (i.e. those who left their job voluntarily), was also relatively strong — at over two million, it’s the highest number it’s been since November 2008.

Gunsworthy3

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