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Finance Committee Agenda and Packet 2024 10 17
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Finance Committee Agenda and Packet 2024 10 17
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10/10/2024 3:24:49 PM
Creation date
10/10/2024 3:13:07 PM
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City Council Records
Meeting Date
10/17/2024
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Boards Commissions Committees Records
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JOB OPENINGS & LABOR TURNOVER SURVEY <br />In Thousands (000's) <br />14,000 <br />12,000 <br />10,000 <br />8,000 <br />6,000 <br />4,000 <br />2,000 <br />0 <br />Job Openings <br />CMCHANDLER <br />ASSET MANAGEMENT <br />Rece ssi or <br />Historical Average <br />,90 -T, T,, 94 94 qC, -go -go -1,, -T,, -T,, -To 9t, T4 -go -go -10 -1,, "9C, "9<, "9<, <br />�'O O O �'O O �'O 61 �'1 1 '9'1 1 1 �1 6)'1> �1 6>1 � � �'� �'� �� <br />St S ,5 d' 9 O 1 .�' Sl S 6 cQ 9 O 1 �' St <br />Source: US Department of Labor <br />The Labor Department's Job Openings and Labor Turnover Survey (JOLTS) increased to 8.04 million job openings in August from an <br />upwardly revised 7.71 million in July. Job openings have increased to a ratio of 1.13 jobs for each unemployed individual. The quits rate, <br />an indicator of job availability, declined to 1.9% from downwardly revised 2.0% in July. That is the lowest level since 2020. While the <br />current level of job openings remains elevated from a historical perspective, the trend is decelerating. <br />5 <br />24/87 <br />
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