Job Openings data
The number of job openings in January totaled 7.74mm, up from 7.51mm in December which was revised down by about 100k. This compares with 8.03mm in November and 7.62mm in October.
The hiring rate was 3.4% and December was revised up to the same level from 3.3% initially. For perspective, 3.2% matches the lowest since 2013 not including Covid. The quit rate did rebound to 2.1% vs 1.9% in the two prior months.
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