Employment Enterprise
03/14/2022 |
The number of job openings fell to 11.3 million in January from 11.4 million in December, the December number was an all-time high. Pre-Covid-19, the number was just 7 million. Relatedly, the quit rate is now 2.8%/month, down slightly from the December peak of 3%. Pre-Covid-19 that number was 2.3%/month. The demand for workers in the US remains very high but appears to have peaked and is now hopefully plateauing.