Workforce
Manufacturing Job Openings Decline
The number of U.S. job openings in manufacturing decreased in March, according to new data from the U.S. Bureau of Labor Statistics.
- Meanwhile, the number of job openings in the larger economy remained about the same, at approximately 8.5 million.
What’s going on: There were 570,000 open positions in the U.S. manufacturing industry in March, down from an adjusted 587,000 in February.
- Open positions in durable goods manufacturing also declined, to 353,000 in March from an adjusted 379,000 in February.
- Openings in nondurable goods, however, inched up to 217,000 from an adjusted 208,000.
Hires and quits: Hiring in the sector remained about the same as the last reading, coming in at 323,000 in March (down marginally from February’s 324,000).
- Total separations—which include quits, layoffs, discharges and other severance of employment—decreased slightly in March (to 330,000) from February (an adjusted 338,000).