AI Data Insight
The US total separations rate in the third quarter of 2026 remained at 3.2%, unchanged from the previous value, aligning with market expectations of a smooth cooling in the labor market. Accompanied by a low quits rate and a declining layoff rate, the current job market exhibits a defensive balance where companies are reluctant to expand but also unwilling to conduct massive layoffs, providing more flexibility for the Federal Reserve's interest rate policy.