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JOLTs Job Quits

Name: JOLTs Job Quits
Creator: TipRanks

The JOLTs Job Quits report is a component of the Job Openings and Labor Turnover Survey (JOLTs) in the USA, measuring the number of workers voluntarily leaving their jobs. It is an important indicator of labor market confidence, as higher quit rates suggest that workers are optimistic about finding better employment opportunities. This data is significant for the economy and financial markets because it can signal wage growth pressures and overall economic health. Investors and policymakers closely watch this report to gauge labor market dynamics and potential inflationary trends.