U.S. job openings rose to 5.1 million in February and beat estimates, the U.S. Bureau of Labor Statistics reported Tuesday.
February's Job Openings and Labour Turnover Survey (JOLTS) numbers rose from five million job openings in January. Hires came in at 4.9 million in February and the layoffs and discharges rate was at 1.1%. Separations were little changed at 4.7 million.
Job openings rose in the Midwest. Many industries including professional and business services, health care and social assistance, and accommodation and food services saw job openings increase over the year. But they decreased in mining and logging.
Economists had expected job openings to hit five million in January, according to a consensus estimate from Thomson Reuters.
Related Stories
