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U.S. job openings jump to 7.37 million

Christian Fernsby |
Job openings in the U.S. rose in February to the highest level in more than two years as the economy emerged from a winter torpor tied to a record increase in coronavirus cases.

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Topics: U.S.   

The number of job openings jumped to 7.37 million from 7.1 million in January, the Labor Department said Tuesday.

Separations — layoffs, firings, retirements and so forth — rose to 5.46 million from 5.32 million in the prior month.

Job openings rose the most in February in health care, hotels, restaurants, theaters, museums and parks and recreation.

They declined the most in public and private education and information services such as media and public relations.

The so-called quits rate was unchanged at 2.6% among private-sector employees and is back to precrisis levels. More people quit when the economy is doing well and they think they can find a better job.

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