A key reading of jobs movement south of the border proved uninspiring in March.
Information released Tuesday by the U.S. Bureau of Labor Statistics showed the number of job openings was little changed at 5.7 million on the last business day of March. Over the month, hires and separations were also little changed at 5.3 million and 5.1 million, respectively.
Within separations, the quits and layoffs and discharges rates were unchanged at 2.1% and 1.1%, respectively, including estimates of the number and rate of job openings, hires, and separations for the non-farm sector by industry and by four geographic regions.
The bureau breaks it down as such: On the last business day of March, there were 5.7 million job openings, little changed from February.
The job openings rate was 3.8 percent in March. The number of job openings was little changed for total private and edged up for government.
Job openings increased in professional and business services (by 126,000), other services (55,000), and state and local government education (27,000). Job openings decreased 43,000 in educational services and by 8,000 mining and logging. The number of job
openings was little changed in all four regions.
The number of hires was essentially unchanged at 5.3 million in March. The hires rate was 3.6%. There were 5.1 million total separations in March, little changed from February. The total separations rate in March was 3.5%.
It all falls under the headings of JOLTS -- which stands for Job Opening and Labour Turnover Survey.
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