Total Job Openings Rise To 3.12 Million In March

Financial News Network
May 11, 2011 AT 4:12 PM
The total number of job openings rose to 3.12 million in March, up 3.3% from February, and a year-over-year increase of 15.8% from March of 2010, the Labor Department said in its Job Openings and Labor Turnover Survey released on Wednesday.Hires in the month increased 1.4% to 4.04 million from 3.98 million in February, but were down about 2.3% year-over-year, due to the large number of temporary workers employed to conduct the 2010 census.Total separations, including quits or voluntary separations, layoffs and discharges or involuntary separations, and other separations, including retirements, were up slightly to 3.84 million from 3.83 million in February, but were down from the 3.88 million in March of 2010.Quits accounted for a significantly larger portion of the total separations in the month, at 50%, than the 47% portion in March 2010, while layoffs and discharges accounted for a significantly less portion, at 42%, down from 46% a year ago.