Post Profile






Government workers are quitting their jobs at a historic rate and it's great news for your paycheck

Despite a weaker than expected jobs report and JOLTS number, the labor market in the US appears to be fairly tight. According to Torsten Sløk, chief international economist at Deutsche Bank, the number of people quitting state and local government jobs is near an all-time high. " The quits rate measures the number of people who resign as a percent of total employment, and the quits rate for government workers is near its all-time highs, and higher than in 2006," said Sløk in a note to clients.
read more

share

Related Posts


Yellen Will Not Be Pleased: Job Openings Miss Most On Record, Tumble To 2015 Levels

Business & Finance : Zero Hedge

Considered Janet Yellen's "favorite job market indicator", today's JOLTS report revealed an unpleasant headline print: in August the number of job openings tumbled by 388K, the most in 12 months, to 5.443 million, the lowest print s...

Here's what happens when more and more Americans quit their jobs

Business & Finance : Business Insider: Clusterstock

Every month, the Bureau of Labor Statistics publishes its Job Openings & Labor Turnover Survey, or JOLTS report. "The two most important series in the report are the hiring rate and the quits rate," Deutsche Bank's Joe LaVorgna note...

DEUTSCHE BANK: 'Canada Is In Serious Trouble'

Business & Finance : Business Insider: Clusterstock

Deutsche Bank's chief international economist Torsten Sløk has circulated a chart deck looking at global housing markets, and Canada stands out as having quite a few problems. Sløk dedicated seven charts to the country. Simply put, ...

An Economist Has Put Together The Ultimate Guide To The State Of The Job Market

Business & Finance : Business Insider: Clusterstock

Last Friday, we got one of the strongest BLS jobs reports of the post-recession era. Deutsche Bank's Torsten Slok has taken this as a cue to compile 26 charts that explain the state of the U.S. labor market. The biggest takeaway her...

5 charts that show American workers are psyched about the job market

Business & Finance : Business Insider: Money Game

On Friday, we'll get the May jobs report from the Bureau of Labor Statistics. The report should more or less reflect an economy in which jobs are growing and unemployment is coming down. Deutsche Bank economist Torsten Slok compiled...

Comments


Copyright © 2016 Regator, LLC