QVMS - Private Sector Job Openings And Quits Hit New Highs In March
- The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy increased to 11.549 million in March, up from 11.344 million in February.
- The total job openings rate, openings divided by the sum of jobs plus openings, rose to 7.1 percent in March from 7.0 percent in February, while the private sector job openings rate rose to 7.5 percent from 7.4 percent in the previous month.
- The number of private sector quits rose to a new series high in March, coming in at 4.284 million, up from 4.130 million in February.
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Private Sector Job Openings And Quits Hit New Highs In March