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Job quitting signals stronger economy

June 10, 2010


"If people start quitting, we can interpret that as workers getting more confident in their ability to get jobs…. Generally speaking, when the labor market recovers and employment goes up, quits also go up.”

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John Wohlford, economist with the Bureau of Labor Statistics, commenting on news that more people have quit their jobs in the last three months than have been laid off.

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