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BLS report: Job openings (6.7 million), hires, and separations little changed in June
People come; people go.
JOLTS -- the Job Openings and Labor Turnover Survey. It comes out a few days after the monthly payroll employment report.
Job openings (6.7 million), hires, and separations little changed in June
Economic News Release USDL-18-1276
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EDT) Tuesday, August 7, 2018
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 – JUNE 2018
The number of job openings was little changed at 6.7 million on the last business day of June, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and discharges rate was little changed at 1.2 percent. 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
On the last business day of June, the job openings level was little changed at 6.7 million. The job openings rate was 4.3 percent. The number of job openings was little changed for total private and for government. Job openings increased in educational services (+20,000) but decreased in transportation, warehousing, and utilities (-84,000). The number of job openings was little changed in all four regions. (See table 1.)
Hires
The number of hires was little changed at 5.7 million in June. The hires rate was 3.8 percent. The number of hires was little changed for total private. Hires increased in finance and insurance (+31,000). The number of hires was essentially unchanged in all four regions. (See table 2.)
Separations
Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. 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 includes separations due to retirement, death, disability, and transfers to other locations of the same firm.
The number of total separations was little changed at 5.5 million in June. The total separations rate was 3.7 percent. The number of total separations was little changed for total private. Total separations was little changed in all industries and regions. (See table 3.)
....
____________
The Job Openings and Labor Turnover Survey results for July 2018 are scheduled to be released on Tuesday, September 11, 2018 at 10:00 a.m. (EDT).
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EDT) Tuesday, August 7, 2018
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 – JUNE 2018
The number of job openings was little changed at 6.7 million on the last business day of June, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and discharges rate was little changed at 1.2 percent. 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
On the last business day of June, the job openings level was little changed at 6.7 million. The job openings rate was 4.3 percent. The number of job openings was little changed for total private and for government. Job openings increased in educational services (+20,000) but decreased in transportation, warehousing, and utilities (-84,000). The number of job openings was little changed in all four regions. (See table 1.)
Hires
The number of hires was little changed at 5.7 million in June. The hires rate was 3.8 percent. The number of hires was little changed for total private. Hires increased in finance and insurance (+31,000). The number of hires was essentially unchanged in all four regions. (See table 2.)
Separations
Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. 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 includes separations due to retirement, death, disability, and transfers to other locations of the same firm.
The number of total separations was little changed at 5.5 million in June. The total separations rate was 3.7 percent. The number of total separations was little changed for total private. Total separations was little changed in all industries and regions. (See table 3.)
....
____________
The Job Openings and Labor Turnover Survey results for July 2018 are scheduled to be released on Tuesday, September 11, 2018 at 10:00 a.m. (EDT).
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[center]Facilities for Sensory Impaired[/center]
Information from these releases will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.