3/15, 3:00 PM (Source: TeleTrader)
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US job openings up to 7.6M in January

Job openings in the United States in January reached a record figure of 7.6 million with the job opening rate at 4.8%, the Bureau of Labor Statistics reported on Friday. December's figure was revised upwards to 7.5 million.

The Job Openings and Labor Turnover Survey (JOLTS) said that the number of hires was 5.8 million, little changed from the previous month, while the hires rate stood at 3.9%.

The total separations or turnover rate was 3.7%, at 5.6 million in the first month of 2019. Both quits and layoffs were little changed, at 3.5 million and 1.7 million, respectively.

Breaking the News / NP