The total number of job openings increased 232k to 7.74 million in January, mostly in line with expectations of 7.75 million openings.

• Revisions to data showed lower job openings and hires throughout 2024.
• Total private openings increased 226k to 6.86 million and the private job openings increased 0.1 ppts to 4.6%.
• Total hires increased just 19k to 5.39 million, and total separations increased 170k to 5.25 million.

• Within separations, total quits jumped 171k with the quits rate increasing 0.2 ppts to 2.1% while total layoffs and discharges fell -34k.