Job Openings Hold Steady in December While Hiring Rate Ticks Up Slightly
- Job openings in December rose to 9.026M, exceeding expectations of 8.70M and November's 8.925M (revised from 8.790M)
- Job opening rate held steady at 5.4%
- Hires rate ticked up slightly to 3.6% from 3.5% but still soft compared to 2014-15
- Quits rate unchanged at 2.2%
- Layoffs and discharges little changed at 1.6M; rate stayed at 1.0% for 4th straight month