Job Openings and Labor Turnover Survey: Job openings and quits edged up to series highs for March
Below, EPI senior economist Elise Gould offers her initial insights on today’s release of the Job Openings and Labor Turnover Survey (JOLTS) for March. Read the full Twitter thread here.
While there was “little changed” overall in the latest #JOLTS data released this morning from the Bureau of Labor Statistics, job openings and quits edged up to series highs for March. Hiring remains strong and hires still significantly outpace quits.https://t.co/djGEusO8gy
— Elise Gould (@eliselgould) May 3, 2022
Today’s job openings report confirms what we already knew about the recovery. The labor market continues to experience a historically fast bounce back from the pandemic recession because policymakers sought solutions at the scale of the problem.https://t.co/7R4pTl3BpH
— Elise Gould (@eliselgould) May 3, 2022
Today’s JOLTS report is consistent with what we’ve already learned about the March labor market from the #jobsreport. These data confirm that the labor market is continuing its strong and speedy recovery.https://t.co/HbEA0H1s8V
— Elise Gould (@eliselgould) May 3, 2022
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