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Friday, May 15, 2020

Job openings drop in March

The number of total separations increased by 8.9 million to a series high of 14.5 
million in March, the U.S. Bureau of Labor Statistics reported today. Within 
separations, the quits rate fell to 1.8 percent and the layoffs and discharges rate 
increased to 7.5 percent. Job openings decreased to 6.2 million on the last 
business day of March. Over the month, hires declined to 5.2 million. The changes 
in these measures reflect the effects of the coronavirus (COVID-19) pandemic and 
efforts to contain it. 

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