August job openings from the Fed survey
- Prior was 6618K
- Hiring rate 4.2% vs 4.2% prior
- Separations 3.3% vs 3.6% prior
- Quits 2.0% v 2.1% prior
- Layoffs 1.0% vs 1.3% prior
This is a lagging indicator but the chart is beginning to look like others where there's a v-shaped recovery that doesn't get back to the old highs and then flattens out.
