March 2017 Job Report: Job Openings, Unemployment Rate, Market Trends*
According to the U.S. Bureau of Labor Statistics the unemployment rate dropped from 4.7% to 4.5% in March.
Job Openings [98,000]
Jobs openings dropped drastically to 98,000 in March (compared to the projected 180,000) from 235,000 in February, a decrease of 58% in one months time.
Hire Rate [3.6%] & Quit Rate [2.0%]
Both the hire rate (3.6%) and the quit rate (2.0%) remained the same from the previous month.
* All Data is from Bureau of Labor Statistics, U.S. Department of Labor online at www.bls.gov