JOLTs job openings for March 8.488M versus 8.686M estimate. Lowest since Feb 2021

• Prior month 8.813M revised from 8.756M
• job openings came in at 8.488 million down 1.1 million over the year. The rate was little change to 5.1% in March
  • construction jobs fell -182K
  • finance and insurance -158K
  • local government education +68K
• Quits rate falls to 2.1% from 2.2% last month.. The total quits for little changed at 3.3 million but was down by 480,000 over the year.
• Hires was little change of $5.5 million down by 455,000 over the year. The rate at 3.5% is little changed from March
• separations including quits, layoffs, and discharges and other separations decreased to 5.2 million (-339,000) the rate change little at 3.3%

This article was written by Greg Michalowski at www.forexlive.com.