Wednesday, November 11, 2009
I simply want to display two graphs, both from the "JOLTS report" (Job Openings and Labor Turnover Survey.) These are the rates at which labor is currently being hired and separated (fired/laid off only) as a share of employment. The separation rate is now back below 2%, but has not seemed to be too different from a deep recession. The dataset only begins in December 2000, so I can't look back further.