<H3>• U.S. Job Openings & Labor Turnover – March 2014</H3>

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Note: As compared to March 2013, March 2014 job openings were up 3.5%, hires were up 7.6%, total turnover was up 7.4%, quits up 18.8%, and layoffs & discharges down 10.3% (all the foregoing NSA). The USDOL's summary, which is less than illuminating, commences here: Job Openings: There were 4.0 million job openings in March, little changed from 4.1 million in February. The number of job openings (not seasonally adjusted) was little changed over the year ending in March for total nonfarm, total private, and government. Over the year, the job openings level increased in three industries and decreased in three industries. Hires: There were 4.6 million hires in March, little changed from 4.7 million in February. Over the 12 months ending in March, the number of hires (not seasonally adjusted) increased for total nonfarm and total private and was little changed for government. The hires level increased over the year in four industries and decreased in construction. Separations: There were 4.4 million total separations in March, little changed from February. The number of total separations was essentially unchanged for total private and government. In March, the quits rate was unchanged at 1.8 percent for total nonfarm. The number of quits (not seasonally adjusted) increased over the 12 months ending in March for total nonfarm and total private. The quits level was little changed in government. The layoffs and discharges rate was little changed in March at 1.1 percent. The layoffs and discharges level (not seasonally adjusted) was little changed over the 12 months ending in March for total nonfarm, total private, and government. The number of layoffs and discharges increased in mining and logging and information but decreased in other services and federal government. See the complete report at this link: USDOL-BLS

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