Job Jumping

The percentage of workers who voluntarily quit their jobs fell to 1.7% of employed workers in January from 1.8% in December, the first decline since 3/13. The number is way up from a low of 1.3% in late 2009 but much lower than the average of 2.1% from 2002 through 2007. Quits are good as they create more job openings and people generally quit jobs to get higher paying ones.

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