The number of job openings increased to 7.6 million in April, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and total separations decreased to 5.1 million and 5.0 million, respectively. Within separations,…
Source: U.S. Bureau of Labor Statistics3 min read
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The number of job openings increased to 7.6 million in April, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and total separations decreased to 5.1 million and 5.0 million, respectively. Within separations, both quits (3.0 million) and layoffs and discharges (1.7 million) were little changed.
This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job openings include all positions that are open on the last business day of the month. Hires and separations include all changes to the payroll during the entire month.
Job Openings
The number and rate of job openings increased to 7.6 million (+731,000) and 4.6 percent, respectively, in April. Job openings increased over the year by 520,000. In April, the number of job openings increased in professional and business services (+668,000), but decreased in finance and insurance (-135,000). (See table 1.)
Hires
The number and rate of hires decreased to 5.1 million (-419,000) and 3.2 percent, respectively, in April. Hires were little changed in all industries. (See table 2.)
Separations
Total separations include quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations include separations due to retirement, death, disability, and transfers to other locations of the same firm.
In April, the number and rate of total separations decreased to 5.0 million (-399,000) and 3.1 percent, respectively. Total separations decreased in retail trade (-136,000). (See table 3.)
In April, the number and rate of quits were little changed at 3.0 million and 1.9 percent, respectively. Quits were little changed in all industries. (See table 4.)
The number and rate of layoffs and discharges were little changed at 1.7 million and 1.1 percent, respectively, in April. Layoffs and discharges decreased in retail trade (-88,000). (See table 5.)
The number of other separations was little changed at 310,000 in April. (See table 6.)
Establishment Size Class
In April, for establishments with 1 to 9 employees, hires and separations rates showed little change, while the job openings rate increased. For establishments with 5,000 or more employees, the job openings, hires, layoffs and discharges, and total separations rates showed little or no change, while the quits rate increased. (See table 7.)
March 2026 Revisions
The number of job openings for March was revised up by 21,000 to 6.9 million, the number of hires was revised down by 19,000 to 5.5 million, and the number of total separations was revised down by 1,000 to 5.4 million. Within separations, the number of quits was revised down by 11,000 to 3.2 million, and the number of layoffs and discharges was revised up by 17,000 to 1.9 million. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
Archived Nov 11, 2026. Source reuse policy. Formatting has been adapted for reading; the source’s conclusions remain attributed to its publisher.
MortgageRates.news analysis · Historical context
The mortgage market around this release
This original analysis is separate from the source article. It compares observed benchmarks around ; historical averages and yields are not current mortgage offers.
Separate job openings from hiring
JOLTS measures unfilled openings on the last business day of a month, while hires and separations cover the whole month. Openings are not new payroll jobs. Read vacancies alongside hiring, quits and layoffs, and distinguish counts from rates and revised estimates. These measures add detail about labor demand and turnover to the policy discussion. The benchmark window below describes borrowing conditions around publication; it cannot attribute a rate change to this report. BLS Job Openings and Labor Turnover Survey.
Nearest published observation on or before each target date
Calendar references, not an intraday reaction. A same-day market observation may have been published after a morning release. These figures do not show what was known at its exact publication time. One basis point (bp) is 0.01 percentage point; changes use the actual dated observations shown.
Dots show published observations only. Missing dates remain blank, with no interpolation. The series have different publication schedules and measure different markets.
What that benchmark difference would mean for a $300,000 loan
At the publication reference$1,902.13/month
6.53% · May 28, 2026
At the later reference$1,882.41/month
6.43% · Jul 2, 2026
The illustrative principal-and-interest payment is $19.71 lower per month. This holds the loan amount and term constant to show the arithmetic effect of the benchmark difference.
Assumptions: two separate hypothetical $300,000 loans, each fully amortizing over 30 years with 360 monthly payments and its stated fixed interest rate. Excludes points, lender fees, taxes, insurance, association charges and other costs. PMMS is a national average, not an APR or a personalized rate offer. These are not two payments on one existing loan.
Sources, historical coverage and calculation limits
Freddie Mac Primary Mortgage Market Survey®: available observations from Apr 2, 1971 through Nov 5, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
U.S. Department of the Treasury: available observations from Jan 4, 2016 through Nov 10, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
The 30-day comparisons use calendar days. Each cell selects the last published observation on or before its target; no rates are synthesized for missing dates. Gaps greater than seven days for daily Treasury data or fourteen days for weekly mortgage data are marked unavailable. Forward comparisons require the date to have arrived and source coverage to extend through it.
Historical files may contain revisions and do not reconstruct precisely what every market participant knew at the time. Freddie Mac changed its PMMS collection methodology in November 2022. Cross-period comparisons should account for that change. These windows include other news and cannot establish causation or forecast the next rate move.