Job openings and the level of people quitting their jobs reached records in March

FAN Editor

Employment openings exceeded the level of available workers by 5.6 million in March while a record number of people quit their jobs, the Labor Department reported Tuesday.

The level of job postings hit 11.55 million for the month, also a fresh record, according to the Job Openings and Labor Turnover Survey. That was up 205,000 from February and representative of a jobs market still historically tight.

At the same time, quits totaled 4.54 million, an increase of 152,000 from the previous month as the so-called Great Resignation continued. The pandemic era has seen opportunities for workers who feel confident enough to leave their current situations for better employment elsewhere.

This is breaking news. Please check back here for updates.

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