Job Openings and Labor Turnover Survey News Release, September 2014
Last edited Wed Dec 10, 2014, 10:31 AM - Edit history (2)
Source: U.S. Dept. of Labor Bureau of Labor Statistics
For release 10:00 a.m. (EST) Thursday, November 13, 2014 USDL-14-2064
Technical information: (202) 691-5870 • JoltsInfo@bls.gov • www.bls.gov/jlt
Media contact: (202) 691-5902 • PressOffice@bls.gov
JOB OPENINGS AND LABOR TURNOVER – SEPTEMBER 2014
There were 4.7 million job openings on the last business day of September, little changed from 4.9 million in August, the U.S. Bureau of Labor Statistics reported today. Hires (5.0 million) and separations (4.8 million) increased in September. Within separations, the quits rate (2.0 percent) increased and the layoffs and discharges rate (1.2 percent) was unchanged. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.
Job Openings
There were 4.7 million job openings on the last business day of September. The job openings rate was 3.3 percent. The number of job openings was little changed for total private and government in September. (See table 1.) The level of job openings decreased for arts, entertainment, and recreation. The job openings level was little changed in all four regions.
The number of job openings (not seasonally adjusted) increased over the 12 months ending in September for total nonfarm, total private, and government. The job openings level increased over the year for many industries, including both professional and business services and health care and social assistance. The number of openings also increased over the year in all four regions. (See table 7.)
Hires
The hires level increased to 5.0 million in September, up from 4.7 million in August. This was the
highest level of hires since December 2007. The hires rate in September was 3.6 percent. The number of hires increased for total private and was little changed for government. Hires increased over the month in health care and social assistance as well as in the Midwest region. (See table 2.)
Read more: http://www.bls.gov/news.release/jolts.nr0.htm
ETA, about a half hour after posting:
elleng has a thread about this over in the Economy Forum: Number of People Starting and Quitting Jobs Climbs to Highest in More Than Six Years.
Hat tip to elleng for the link to The Wall Street Journal. JOLTS blog, which has the same title: Number of People Starting and Quitting Jobs Climbs to Highest in More Than Six Years
This is what I get for taking the day off. Anyway....
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Wait: another one of these things? Yep. This is JOLTS - the Job Openings and Labor Turnover Survey.
Good afternoon, Freepers and DUers alike. I especially welcome our good friends from across the aisle. You're paying for this information too, so you ought to see this as much as anyone. Please, everyone, put aside your differences long enough to digest the information. After that, you can engage in your usual donnybrook.
Depending on where you look, you can find something to like or something not to like in the data. Every table tells a story.
Talk amongst yourselves.
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What is important about these statistics is not so much this month’s number, but the trend. So let’s look at some earlier numbers.
JOLTS, for August 2014:
Job openings increase to 4.8 million in August; hires decrease and separations steady
JOLTS, for May 2014 (hat tip, IronLionZion):
Job Openings and Labor Turnover Survey News Release