Monday, July 8, 2024

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2024/job-separations-rate-unchanged-at-3-4-percent-in-may-2024.htm. Highlights are below.

Job separations rate unchanged at 3.4 percent in May 2024

07/08/2024

The total separations rate, the total number of separations during the entire month as a percentage of employment, remained unchanged at 3.4 percent in May 2024. The quits rate was 2.2 percent for the seventh month in a row. The layoffs and discharge rate remained unchanged at 1.0 percent. Other separations, with a 0.2 percent rate, accounted for the remaining separations.

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