- Prior was 11.254m (revised to 11.303m)
- Quits rate 2.8 vs 2.8 prior
- Layoffs 0.9 vs 0.9 prior
This is a quick slowdown and that should encourage the Fed to slow the pace of tightening.
In any case, I don't believe this survey tells us much about the economy because of a switch to 'always hiring' automated policies at large companies. You can essentially say the jobs availabe are at 'infinity' at some companies.
