Day: March 29, 2022

Job Openings Up 43% Year Over Year in February

Staffing Industry Analysts (03/29/22) There were 11.3 million job openings in the US in February, which is down 0.2% from January but up 43.3% year over year, the US Bureau of Labor Statistics reported. Job openings remained at a near-record level in February, ABC News reported. Job openings fell by 63,000 in “finance and insurance” and by 39,000 in “nondurable goods manufacturing.” However, they rose by

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There Are Now a Record 5 Million More Job Openings Than Unemployed People in the U.S.

CNBC (03/29/2022) Cox, Jeff In February, job openings slightly decreased to approximately 11.3 million, still significantly surpassing the number of unemployed workers by about 5 million. The Great Resignation trend persisted, with quits increasing to 4.35 million. This surge in quits, totaling 94,000 more than the previous month, represents 2.9% of the workforce. Despite a slight decrease in job openings compared to January, the number

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Another 4.35 Million Workers Quit—Most for Better Jobs

MarketWatch (03/29/22) Bartash, Jeffry In February, approximately 4.35 million workers quit their jobs, with many leaving for better opportunities, underscoring the tightness of the labor market. This marks the ninth consecutive month where quits exceeded 4.0 million, a trend unseen before the pandemic when quits averaged under 3.0 million monthly. Despite a slight drop, job openings remained high at 11.27 million, with roughly two open

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