No. The AP is retarded. https://www.bls.gov/news.release/jolts.nr0.htm
In November, the number of total separations increased to 6.3 million (+382,000). The total separations rate was little changed at 4.2 percent. Total separations increased in accommodation and food services (+130,000) but decreased in federal government (-9,000). Total separations were little changed in all four regions. (See table 3.)
The number of quits increased in November to a series high 4.5 million (+370,000). The quits rate increased to 3.0 percent, matching the series high in September. Quits increased in several industries with the largest increases in accommodation and food services (+159,000); health care and social assistance (+52,000); and transportation, warehousing, and utilities (+33,000). The number of quits increased in the Northeast, South, and Midwest regions. (See table 4.)
Good correction. Ty.
6.3 million
That's a lot of labor waiting in the wings.
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