Job Separations Hit Series High in March
Washington, DC, May 15, 2020-The number of total separations increased by 8.9 million to a series high of 14.5 million in March, the U.S. Bureau of Labor Statistics reported.
Within separations, the quits rate fell to 1.8%, and the layoffs and discharges rate increased to 7.5%. Job openings decreased to 6.2 million on the last business day of March. Over the month, hires declined to 5.2 million.