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BLS report: Job openings (6.7 million), hires, and separations little changed in April
People come; people go.
JOLTS -- the Job Openings and Labor Turnover Survey. It comes out a few days after the monthly payroll employment report.
BLS report: Job openings (6.7 million), hires, and separations little changed in April
Economic News Release USDL-18-0940
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EDT) Tuesday, June 5, 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 – APRIL 2018
The number of job openings was little changed at 6.7 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.6 million and 5.4 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and discharges rate increased to 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 April, the job openings level was little changed but reached a new series high of 6.7 million. The series began in December 2000. The job openings rate was 4.3 percent in April 2018. The number of job openings was little changed for total private and for government. Job openings increased in durable goods manufacturing (+33,000) and information (+26,000) but decreased in finance and insurance (-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 5.6 million in April. The hires rate was 3.8 percent. Hires for total private and for government were little changed. The number of hires was little changed in all industries and 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 5.4 million in April. The total separations rate was 3.6 percent. The number of total separations was little changed for total private and for government. Total separations increased in state and local government education (+20,000). The number of total separations was little changed in all four regions. (See table 3.)
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EDT) Tuesday, June 5, 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 – APRIL 2018
The number of job openings was little changed at 6.7 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.6 million and 5.4 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and discharges rate increased to 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 April, the job openings level was little changed but reached a new series high of 6.7 million. The series began in December 2000. The job openings rate was 4.3 percent in April 2018. The number of job openings was little changed for total private and for government. Job openings increased in durable goods manufacturing (+33,000) and information (+26,000) but decreased in finance and insurance (-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 5.6 million in April. The hires rate was 3.8 percent. Hires for total private and for government were little changed. The number of hires was little changed in all industries and 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 5.4 million in April. The total separations rate was 3.6 percent. The number of total separations was little changed for total private and for government. Total separations increased in state and local government education (+20,000). The number of total separations was little changed in all four regions. (See table 3.)
....
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The Job Openings and Labor Turnover Survey results for May 2018 are scheduled to be released on Tuesday, July 10, 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.
