The chart above shows "j0b leavers" as a percent of all unemployed workers
, which has been steadily increasing since the summer of 2010 and rose to 7.9% in February, the highest level since December of 2008. As First Trust Portfolios
pointed out today, "That’s what we should expect to see as attitudes about the job market improve: more workers who are confident they can leave their current position and find a better one."
Also, the increase in total civilian employment
over the last 12 months through February 2012 of 2.5 million workers is the largest 12-month job increase since the 12-month period ending in March 2007.