Bloomberg (03/11/21) Rockeman, Olivia

The number of job openings rose in January to nearly a one-year high, according to the U.S. Bureau of Labor Statistics. The number of available jobs increased to 6.92 million during the month from an upwardly revised 6.75 million in December. The number of hires declined to 5.3 million from 5.41 million. The number of people who voluntarily left their job decreased to 3.31 million, pushing the quits rate down to 2.3% from 2.4%. Separations dropped to 5.31 million from 5.58 million.

Openings increased in industries including construction, manufacturing, and health care. Job vacancies rose to a three-month high of 515,000 in manufacturing and increased to 309,000 in construction. Openings dropped in leisure and hospitality.

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