JOLTS Day Graphs: April 2021 Edition
The quits rate reached a series high of 2.7 percent as nearly 4 million workers quit their jobs in April.
![Quits as a percent of total U.S. employment, 2001-2021. Recessions are shaded.](https://equitablegrowth.org/wp-content/uploads/2021/06/APRIL-QUITS-1080x762.png)
As job openings reached a series high of 9.3 million and hires stayed constant, the vacancy yield declined in April.
![U.S. total nonfarm hires per total nonfarm job openings, 2001-2021. Recessions are shaded.](https://equitablegrowth.org/wp-content/uploads/2021/06/April-Vacancy-yield-1080x762.png)
The ratio of unemployed-worker-per-job-opening was 1.06 in April, approaching its level of less than 1.0 prior to the recession.
![U.S. unemployed workers per total nonfarm job opening, 2001-2020. Recessions are shaded.](https://equitablegrowth.org/wp-content/uploads/2021/06/APRIL-U-per-job-opening-1080x762.png)
The Beveridge Curve moved sharply upwards with the historic level of job openings and continued to be in unprecedented territory compared to previous business cycles.
![The relationship between the U.S. unemployment rate and the job opening rate, 2001-2020](https://equitablegrowth.org/wp-content/uploads/2021/06/APRIL-BC-1080x921.png)