DXD - Positive Job Market Developments: Openings And Quit Rate Are Increasing

• For the February period, job openings equal nearly 7.4 million and are approaching the peak job openings level of 7.5 million reached in late 2018.
• This represents a positive sign that economic activity is increasing and businesses are experiencing increasing demand; hence, the need for more employees.
• In another sign of a healing job market, the quit rate stands at 3.3 million. Employed individuals generally do not quit a current position and seek employment elsewhere if they believe the job market is weak.

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