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Employment: Separations Declining but Hirings not Increasing

The monthly JOLTS report (Job Openings and Labor Turnover Summary) shows that there are still six unemployed people for every job opening.  The gap between hirings and a larger number of separations is narrowing, but so far it is because fewer are losing/leaving jobs and not because more are finding new jobs.  Calculated Risk has an excellent graphic:

Click on image for larger graph

The latest data is for December.

Disclosure: No stocks mentioned.