Should-Read: Nick Bunker: JOLTS Day Graphs: August 2017 Report Edition: "The quits rate continued its trend of not moving much in August...
...The ratio of unemployed workers to job openings did not hit a record low in August, it’s still near the lowest levels seen during the period JOLTS data cover. Employers are still getting fewer than one hire per job opening, with the vacancy yield coming in at 0.89 in August. The Beveridge Curve is quite close to its pre-Great Recession relationship, but is not quite there yet...
