JOBS IMPROVING: QUITTERS OUTNUMBER FIRES


Posted by Leonard Steinberg on January 6th, 2012

Some good news from the jobs market……while everyone is rambling on about the big numbers, one of the most important indicators, the disparity between those quitting voluntarily because of better job opportunities and those being fired has improved and now the quitters out-number those fired. In Manhattan, a very strong indicator that I see physically is the increase in the number of construction sites: construction employs many who lost their jobs in the GREAT RECESSION.