There was more good news from the Labor Department at the end of last week. The number of Americans who voluntarily left their job, otherwise known as the "Quit Rate" hit 1.8% of the workforce up from a low of 1.2% in September 2009.

Translated into real numbers, 2.4 million workers resigned in November. Our new Federal Reserve Chairwoman Janet Yellen, considers this to be very good news because the willingness of workers to jump ship is considered a sign of the labor market's health because they are optimistic about their prospects for landing a new and better job.

This is all well and good, but the flip side of the coin is that employers are still moving slowly to hire. Business remains cautious when it comes to expanding their payrolls with goal of getting more from less in their workforce.