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Job Openings and Workforce Mobility Survey: Job vacancies changed little, while hiring rose slightly
Below, EPI Senior Economist Elise Gould provides her initial insights on the February Job Openings and Labor Turnover Survey (JOLTS) released today. Read the full Twitter thread here.
Hiring and turnover rates have been trending in the same direction for months. They both edged up in February. In today’s economy, workers continue to quit and be hired at a rapid rate, including hiring returning/entering the workforce. pic.twitter.com/erHPkXA7aV
– Elise Gould (@eliselgould) March 29, 2022
Today’s job vacancy report confirms what we know about February’s recovery. The labor market is experiencing a historic and rapid rebound from the pandemic recession due to the scale of the problem policymakers seek to address.https://t.co/JeVl0uXkjM
– Elise Gould (@eliselgould) March 29, 2022
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