US Job Openings and Quits Rise in Sign of Resilient Labor Market

US job openings rose in January while layoffs fell and quits picked up, indicating resilience in the labor market as the Trump administration took office.

Available positions increased to 7.74 million from a revised 7.51 million reading in December, according to monthly Bureau of Labor Statistics data published Tuesday. The median estimate in a Bloomberg survey of economists called for 7.6 million openings.

The advance in openings was driven by the financial activities, retail trade and construction sector. The rise in quits was broad based.

Job openings remain above pre-pandemic averages despite a downward trend over the last three ...