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Job Openings and Labor Turnover – March 2024
The number of job openings changed little at 8.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires changed little at 5.5 million while the number of total separations decreased to 5.2 million. Within separations, quits (3.3 million) and layoffs and discharges (1.5 million) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job Openings On the last business day of March, the number of job openings changed ... (full story)
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The private-sector job vacancy rate fell to 5.3% in March, the lowest level since January 2021
— Nick Timiraos (@NickTimiraos) May 1, 2024
There were 1.3 vacancies for every unemployed worker in March, the lowest since August 2021 pic.twitter.com/RkgPX1elhk
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— Christophe BarraudU.S. quits rate fell to 2.1% in March 2024 (lowest since August 2020) pic.twitter.com/WWDrqNaml2
(@C_Barraud) May 1, 2024
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