JOLTS Day Graphs: February 2021 Edition
The quits rate remained near it’s pre-pandemic level at 2.3 percent in February.
The vacancy yield for hires per job openings was 0.78 in February as the labor market continued to recover.
The job openings rate continued to increase to 4.9 percent while unemployment continued to decline to 6.2 percent, further decreasing the ratio of unemployed-worker-to-job-opening in February.
The Beveridge Curve moved upwards as job openings increased in February to levels typically seen at lower levels of unemployment.