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More Industries Seeing Quit Rates At Pre-Pandemic Levels

US DATA
  • Within the JOLTS quits rate details, the data can swing from month to month but a growing share of private industries have seen rates return to pre-pandemic levels (6 of 17 in Feb vs 3 in Jan).
  • The increase in the overall private rate was helped by some large increases elsewhere, including a 0.6pt increase for accommodation & food services, which at 5.9% stands out being 1.6pts above its Feb’20 level.

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