The rate at which employees left positions or employers filled new ones was little changed in February, according to the Labor Department’s monthly Job Openings and Labor Turnover Survey, the latest piece of data to underscore how difficult it is to enliven an economy as large as that of the U.S.
The hiring rate fell slightly to 3.6% in February from 3.7% in January. The layoffs rate was unchanged at 1.1%, and the rate of voluntary job separation fell to 2.1%. All three rates have changed little over the past six months.
The report, known as Jolts, tracks the monthly churning Read More

Source:: wsj