US job openings at 8.76 million in February, indicating stabilizing labor demand at elevated levels.

US job openings were little changed in February at 8.76 million, indicating labor demand is stabilizing at an elevated level. The number of available positions edged up from a downwardly revised 8.75 million in January, with increases in finance and state and local government sectors. In February, layoffs ticked up to 1.7 million from 1.6 million in January, but job openings remain at historically high levels, signaling a strong US labor market.

April 02, 2024
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