A record number of American workers quit their jobs as of the last business day in March while the number of job openings rose to an all-time high, pointing to a tight labor market as businesses struggled to hire enough workers to meet demand.
The Labor Department said in its monthly Job Openings and Labor Turnover Survey (JOLTS) on May 3 that job openings, which are a measure of labor demand, rose 205,000 to 11.5 million on the last day of March, the highest level in the history of the data series.