U.S. Job Openings Remain Steady at 8.1 Million in April 2024
Rate of Hires Holds at 3.6%; Quits and Layoffs Show Minimal Changes
In April 2024, job openings in the United States remained steady at 8.1 million, according to the latest report by the U.S. Bureau of Labor Statistics (BLS). This figure indicates a marginal decrease of 1.8 million over the year, with the rate holding firm at 4.8 percent. Meanwhile, the number of hires and total separations saw no significant shifts, maintaining levels at 5.6 million and 5.4 million, respectively. Here's a breakdown of the key findings:
Little Change in Job Openings, Despite Industry Variances
The last business day of April witnessed little alteration in the number of job openings, remaining at 8.1 million, a decrease of 1.8 million compared to the previous year. The rate remained largely unchanged at 4.8 percent. Notably, while job openings declined in sectors such as healthcare and social assistance (-204,000) and state and local government education (-59,000), there was an uptick in private educational services (+50,000).
