Nick Timiraos
Nick Timiraos

@NickTimiraos

2 Tweets 2 reads May 02, 2024
The private-sector job vacancy rate fell to 5.3% in March, the lowest level since January 2021
There were 1.3 vacancies for every unemployed worker in March, the lowest since August 2021
The private-sector hiring rate fell to a 10-year low of 3.8% in March
The quits rate also declined further to 2.3%, below its pre-pandemic level
And layoffs remained low at 1.1%

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