Quits rate among the best out-of-sample predictors of wage pressure; think of wage increases as a hedge against labor turnover.

Quits rate keeps falling from Dec-2021 peak of 3%, now down to 2.6%, just 0.2% above pre-pandemic peak.

Labor mkt mostly cooling on its own...
Don't miss out curated content from your favorite people

Join to see curated content, recommendations and collections from your favorite people.

Find creators I follow