Job Openings and Labor Turnover Survey News Release - 2024 M02 Results — 2024-04-02
The number of job openings changed little at 8.8 million on the last business day of February, the U.S. Bureau of Labor…
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The number of job openings changed little at 8.8 million on the last business day of February, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires and total separations were little changed at 5.8 million and 5.6 million, respectively. Within separations, quits (3.5 million) and layoffs and discharges (1.7 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. On the last business day of February, the number of job openings changed little at 8.8 million; this measure is down from a series high of 12.2 million in March 2022. The rate was 5.3 percent for the third month in a row. In February, job openings increased in finance and insurance (+126,000); state and local government, excluding education (+91,000); and arts, entertainment, and recreation (+51,000).
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