JOLTS job openings for November 5.522M vs 5.500M estimate

The JOLTS job openings for the month of November came in at 5.522M vs 5.500M estimate.  This is up slightly from the revised 5.451M from October (was 5.534M).

Over the month,, hires and separations were also little changed  at 5.2 million and 5.0 million respectively.

Within separations, 

• Quits rate  was unchanged at 2.1%
• Layoffs and discharges were unchanged at 1.1%

Quits are generally voluntary separations initiated  by the employee.  As a result, the quits rate can serve as a measure of workers willingness to leave their job (they might feel confident