This report looks at job switching trends from several angles. First, it considers job switching rates by industry.
Last year closed with another drop in the number of job openings. The smaller number of unemployed workers caused the ratio of unemployed-workers-to-job-vacancies to rise for the second straight month.
The US economy added 225,000 jobs last month, and the unemployment rate is at 3.6%, up slightly from 3.5% in December.
A reduction in average hours may not be a sign of impending doom for the labor market.