∙ U.S. Employment Turnover – March 2012

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Job Openings: There were 3.678 million job openings available in the U.S. on the last business day of March, an increase of 315,000 jobs from the end of February and 18.6% higher than at the end of March 2011. Hires: During the month of March 2012, U.S. employers hired 4.117 workers, up 484,000 from February but up only 2% from the same month a year ago. Turnover: 3.510 million workers left their jobs in March; this is up 246,000 from the previous month and up 5.7% from a year ago. Quits: 1.911 workers quit in March, an increase of 273,000 for the month and up 10.5% from last year. This chart shows total turnover, quits, and total turnover without quits as annual percentage rates. Note that total turnover, which had been decreasing, has now leveled off and appears to be on the rise. The quits and turnover without quits lines indicate that most of the leveling-off and increase in total turnover is due to an increase in employee voluntary terminations, aka quits. All data nsa Source: USDOL

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