JOLTS: April 2025
US job openings rose 191k to 7.39 million in April, ahead of expectations of a slight decline to 7.10 million, with the job openings rate ticking up 0.1 ppts to 4.4%.
- Total private job openings increased 202k to 6.54 million, while total government job openings fell -11k to 847k.
- Hires increased 169k to 5.57 million, and the hire rate also edged up 0.1 ppts to 3.5%.
- Total separations rose 105k to 5.29 million, but the separation rate was unchanged at 3.3%.
- Quits declined -150k to 3.19 million, with the quit rate falling -0.1 ppts to 2.0%.
- Layoffs and discharges jumped 196k to 1.79 million, with the layoff rate up 0.1 ppts to 1.1%, marking the highest level since January.
- Over the last year, the private quits rate fell -0.2 ppts to 2.2%, and the private layoff/discharge rate increased 0.1 ppts to 1.3%.