The February Job Opening and Labour Turnover Statistics shows that there remains a large number of job vacancies out there, but the low quit rate implies they are not necessarily particularly attractive. Quit rates at current levels imply that labour market cost pressures will continue to cool, which should help to keep inflation trending towards 2%. Job opening rose to 8.756mn from a downwardly revised 8.748mn in January (initially reported as 8.863mn). This is slightly better than the 8.73mn figure expected, but as the chart below shows, this is broadly consistent with the moderating trend seen in the data posted ... (full story)