Job Openings and Labor Turnover -- February 2025 [View all]

Source: US Bureau of Labor Stats

The number of job openings was little changed at 7.6 million in February, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and total separations held at 5.4 million and 5.3 million, respectively. Within separations, quits (3.2 million) and layoffs and discharges (1.8 million) changed little.

This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job openings include all positions that are open on the last business day of the month. Hires and separations include all changes to the payroll during the entire.

Job Openings

The number of job openings was little changed at 7.6 million in February but was down by 877,000 over the year. The job openings rate, at 4.5 percent, changed little over the month. The number of job openings decreased in finance and insurance (-80,000). (See table 1.)

Hires

In February, the number and rate of hires were unchanged at 5.4 million and 3.4 percent, respectively. The number of hires was little changed in all industries in February. (See table 2.)

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Read more: https://www.bls.gov/news.release/jolts.nr0.htm