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For release 10:00 a.m. (ET) Tuesday, May 2, 2023 USDL-23-0868
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JOB OPENINGS AND LABOR TURNOVER – MARCH 2023
The number of job openings decreased to 9.6 million on the last business day of March, the U.S. Bureau
of Labor Statistics reported today. Over the month, the number of hires and total separations were little
changed at 6.1 million and 5.9 million, respectively. Within separations, quits (3.9 million) changed
little, while layoffs and discharges (1.8 million) increased. This release includes estimates of the number
and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by
establishment size class.
Job Openings
On the last business day of March, the number of job openings decreased to 9.6 million
(-384,000) and was 1.6 million lower than in December. The job openings rate was 5.8 percent in March
and was down by 1.0 percentage point since December. In March, job openings decreased in
transportation, warehousing, and utilities (-144,000) but increased in educational services (+28,000).
(See table 1.)
Hires
In March, the number of hires was little changed at 6.1 million, and the rate held at 4.0 percent. Hires
decreased in real estate and rental and leasing (-29,000). (See table 2.)
Separations
Total separations include quits, layoffs and discharges, and other separations. Quits are generally
voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of
workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated
by the employer. Other separations include separations due to retirement, death, disability, and transfers
to other locations of the same firm.
The number of total separations changed little at 5.9 million in March, and the rate was 3.8 percent for
the fourth month in a row. Over the month, the number of total separations decreased in accommodation
and food services (-107,000) but increased in construction (+104,000). (See table 3.)
In March, the number and rate of quits changed little at 3.9 million and 2.5 percent, respectively. The
number of quits decreased in accommodation and food services (-178,000). (See table 4.)
In March, the number and rate of layoffs and discharges increased to 1.8 million (+248,000) and 1.2
percent, respectively. Layoffs and discharges increased in construction (+112,000), accommodation and
food services (+63,000), and health care and social assistance (+42,000). (See table 5.)
The number of other separations was little changed in March at 276,000. Other separations decreased
in finance and insurance (-31,000) and in real estate and rental and leasing (-7,000). (See table 6.)
Establishment Size Class
In March, establishments with 1 to 9 employees saw a decrease in their job openings rate and an
increase in their layoffs and discharges rate. Establishments with more than 5,000 employees saw little
change in their job openings, hires, and total separations rates. (See table 7.)
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The Job Openings and Labor Turnover Survey estimates for April 2023 are scheduled to be
released on Wednesday, May 31, 2023, at 10:00 a.m. (ET).