Job Openings and Labor Turnover Survey: Job openings were little changed while hires edged up
Below, EPI senior economist Elise Gould offers her initial insights on today’s release of the Job Openings and Labor Turnover Survey (JOLTS) for February. Read the full Twitter thread here.
The hires and quits rates have been moving in the same general direction for months. They both ticked up slightly in February. Workers continue to quit and get hired at fast rates in today’s economy, including the hires of workers returning/entering the labor market. pic.twitter.com/erHPkXA7aV
— Elise Gould (@eliselgould) March 29, 2022
Today’s job openings report confirms what we already knew about the recovery for February. The labor market is experiencing a historically fast bounce back from the pandemic recession because policymakers sought solutions at the scale of the problem.https://t.co/JeVl0uXkjM
— Elise Gould (@eliselgould) March 29, 2022
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