News Formal

California’s job market: More firings – fewer hirings and quits

  • 📰 ladailynews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

California’s employment picture has cooled to either (1) a new normal or (2) a worrisome slowdown.

My trusty spreadsheet crafted the “HQF” index to loosely measure statewide tensions in the workplace. The math, taken from some novel federal job statistics, compares California hiring with statewide quits and firings .

Since 2001, California has averaged 113 hires for every 100 quits and firings through July. So this year’s is a tad slow. Fewer job opportunities – less hiring and more firing – can make folks think twice about quitting. But it hasn’t stopped folks from walking off the job en masse.Yes, a record number of Californians are employed. But the growth of staffing suggests bosses are a wee bit antsy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 332. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What Happens When the Flood Insurance Market Goes Underwater?More homeowners than ever need flood insurance. Fewer than ever can afford it.
Source: Gizmodo - 🏆 556. / 51 Read more »

California’s job market: More firings – fewer hirings and quitsCalifornia’s employment picture has cooled to either (1) a new normal or (2) a worrisome slowdown.
Source: ladailynews - 🏆 332. / 59 Read more »