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JOLTS Virtually Unchanged in February

The job picture south of the border remained a fairly steady one during February, according to figures released Tuesday by the U.S. Bureau of Labor Statistics

The number of job openings was little changed at 5.7 million on the last business day of February. Over the month, hires and separations were also little changed at 5.3 million and 5.1 million, respectively.

Within separations, the quits rate was little changed at 2.1%, and the layoffs and discharges rate was unchanged at 1.1%.

The bureau reports that on the last business day of February, there were 5.7 million job openings, little changed from January. The job openings rate was 3.8% in February. The number of job openings was little changed for total private and for government. Job openings increased in a number of industries, with the largest changes occurring in health care and social assistance (+73,000), accommodation and food services (+66,000), and finance and insurance (+47,000)