Economists, seeking a sign
Of the end of employment decline,
Infer a renewed
And more confident mood
If more workers decide to resign.
America needs more quitters! That's the message from the Wall Street Journal's Kelly Evans in her Ahead of the Tape column. The quit rate (= numbers of quitters per month / total work force) has not moved up very much from its 2009 low of 1.3%, but a higher rate would signal more confidence in the job market. Yesterday's announcement of the Labor Dept's Job Openings and Labor Turnover Survey, however, shows that quitters have not yet given the economy the needed "JOLTS"; rates of hiring and quitting remained unchanged in December.
Wednesday, February 9, 2011
Subscribe to:
Post Comments (Atom)
Popular Posts
-
"Though college, I felt, was a sure thing, As of now, unless gold I'm unearthing, To pay off my loan, I'll have to postpon...
-
"After proofing each check and gratuity, We've determined beyond ambiguity: Your expenses look funny, If none of this money ...
-
I'm buying a Powerball ticket (Or several, or even a thicket), In hopes I may win A billion bucks in The unlikely case that they pic...
-
"I'm afraid," said Bernanke to Geithner, "The debt crisis still has lots of bite in 'er. Though it may cause some...
-
Said a Harvard professor of econ, "That Google's got something unique on: They have cash by the score, Yet still borrow more; T...
-
"In reviewing your earnings per annum, We're less than impressed, and we pan 'em. The bank may have gains, But this letter ...
-
The price of petroleum's slacking With all of that pumping and fracking Maintaining supply At a level so high, While demand, at...
-
Said a strategist, airing his views On central bank rumors and news: "You've booked every gain And best not retain Your bonds...
-
The economy once ago sank From abuses at many a bank, Which Congress attacked In a really big act That went by the name of Dodd-Fran...
-
The US has always depended On a rate of consumption that's splendid, By consumers for whom The means to consume May soon have them over...
A limerick's hard to complete/In the space of a typical tweet/Haiku, it is true/Are simpler to do/But not a remarkable feat. #NYCpoetweet
— Dr. Goose (@DrGooseEcon) April 6, 2012
Posts
No comments:
Post a Comment