US 'quits' rate unchanged in June, JOLTS survey shows

US labour market conditions appeared to remain relatively stable in June with the number of new posts being offered by companies and Americans' willingness to voluntarily take the risk of changing jobs both little changed from the month before.

According to the results of the Department of Labor's JOLTS job market survey for June, the number of job openings declined by 36,000 versus the month before to 7.348m, while the number of so-called 'quits', or voluntary separations, slipped by 45,000 to 3.422m.

At 2.3%, the quits rate was unchanged from both its level during the month before and versus one year ago.