US: Job openings reached a series high of 7.1 million in August

"The number of job openings reached a series high of 7.1 million on the last business day of August," the U.S. Bureau of Labor Statistics announced on Tuesday.

Key takeaways from the press release

• Over the month, hires and separations were little changed at 5.8 million and 5.7 million, respectively.
• Within separations, the quits rate was unchanged at 2.4 percent and the layoffs and discharges rate was little changed at 1.2 percent.
• The number of hires in August reached a series high of 5.8 million. The hires rate was 3.9 percent.
• Hires were little changed in all industries and in all four regions.