JOLTS Day Graphs: March 2021 Edition
The quits rate remained unchanged at 2.4 percent in March, even as the job openings rate increased to 5.3 percent.
Job openings reached a series high, yet hires were little changed as the vacancy yield declined in March.
There were 1.2 unemployed workers for every job opening in March as unemployment decreased.
With a slight decrease in the unemployment rate and the job openings rate reaching a series high, the Beveridge Curve continues to move in atypical territory, reflecting the unique nature of this downturn.