‘JOLTS’ report shows best jobs-to-openings ratio since July 2008, but it’s still tough finding work Daily Kos • May 9, 2012

The voluntary quits rate is an indicator of how willing and able workers are to leave one job for another. During an economic downturn, far fewer people quit because finding another position is tougher. In March, quits rose slightly. The number of quits was 2.1 million in March 2012, up from 1.8 million at the end of the recession in June 2009.

Quits increased in March by 75,000. They are up about 8.5 percent over March 2011 and registering the highest level since 2008. But voluntary quits are still 25.6 percent below their 2007 average.

As Heidi Shiefholz at the Economic Policy Institute points outs, however, the odds are still stacked against workers:

[T]he “job seekers ratio”—the ratio of unemployed workers to job openings—declined moderately to 3.4-to-1.