April's Job Separation Rate Fell from March but Remains High
Washington, DC, June 9, 2020--The number of total separations decreased by 4.8 million to 9.9 million in April, the U.S. Bureau of Labor Statistics reported.
Despite the over the month decline, the total separations level is the second highest in series history.
Within separations, the quits rate fell to 1.4%, and the layoffs and discharges rate decreased to 5.9%. Job openings decreased to 5.0 million on the last business day of April. Over the month, hires declined to 3.5 million, a series low. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it.