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- Job openings rises to 5.133 million in February, the highest level since January 2001
Job openings rises to 5.133 million in February, the highest level since January 2001
The U.S. Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey (JOLTS) report on Tuesday. Job openings climbed to 5.133 million in February from 4.965 million in January. It was the highest level since January 2001.
January's figure was revised down from 4.998 million.
Analysts had expected job openings to rise to 4.978 million.
The number of job openings rose for total private (4.649 million), while decreased for government (484,000) in February.
The hires rate was 3.5% in February.
Total separations declined to 4.650 million in February from 4.834 million in January.
The JOLTS report is one of the Federal Reserve Chair Janet Yellen's favourite labour market indicators.
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