3/9/2022, 4:01 PM (Source: TeleTrader)
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US job openings rise to record 11.3M in January

The number of job openings across the United States slightly increased in January compared to the previous month to reach record 11.26 million, according to a report published by the Bureau of Labor Statistics on Wednesday. The rate of job openings came in at 7%.

While hires and total separations stood mostly unchanged at 6.5 million and 6.1 million, respectively, the quits rate declined to 2.8% and layoffs and discharges remained mostly unmoved at 0.9%. The annual number of hires and quits increased last year to 75.6 million and 47.8 million, respectively, while the annual number of layoffs and discharges dropped to 17 million.

Baha Breaking News (BBN) / ND