Today’s job openings data from the US Bureau of Labor Statistics is a grim reminder of the impact of the pandemic on the US labor market. US job openings dropped to their lowest level in nearly two years, falling 6.0% to 9.9 million in February. In addition, hires, total separations and layoffs and discharges all remained little changed, while voluntary separations initiated by the employee, known as quits, increased slightly by 4%. With the jobs numbers for March set to be released on Friday, these figures provide an insight into the current state of the US economy.