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BLS report: Job openings (5.8 million), hires, and separations little changed in December
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 (5.8 million), hires, and separations little changed in December
Economic News Release USDL-18-0204
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EST) Tuesday, February 6, 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 – DECEMBER 2017
The number of job openings was little changed at 5.8 million on the last business day of December, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.5 million and 5.2 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.2 percent and 1.1 percent, respectively. 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 December, there were 5.8 million job openings, little changed from November. The job openings rate was 3.8 percent in December. The number of job openings was little changed for total private and for government. Job openings increased in information (+33,000) and federal government (+13,000). Job openings decreased in a number of industries with the largest decreases occurring in professional and business services (-119,000), retail trade (-85,000), and construction (-52,000). The number of job openings was little changed in all four regions. (See table 1.)
Hires
The number of hires was little changed at 5.5 million in December. The hires rate was 3.7 percent. The number of hires was little changed for total private, for government, and in all industries and 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 5.2 million in December. 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 (+17,000). The number of total separations increased in the Midwest region. (See table 3.)
....
____________
The Job Openings and Labor Turnover Survey results for January 2018 are scheduled to be
released on Friday, March 16, 2018 at 10:00 a.m. (EDT).
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EST) Tuesday, February 6, 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 – DECEMBER 2017
The number of job openings was little changed at 5.8 million on the last business day of December, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.5 million and 5.2 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.2 percent and 1.1 percent, respectively. 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 December, there were 5.8 million job openings, little changed from November. The job openings rate was 3.8 percent in December. The number of job openings was little changed for total private and for government. Job openings increased in information (+33,000) and federal government (+13,000). Job openings decreased in a number of industries with the largest decreases occurring in professional and business services (-119,000), retail trade (-85,000), and construction (-52,000). The number of job openings was little changed in all four regions. (See table 1.)
Hires
The number of hires was little changed at 5.5 million in December. The hires rate was 3.7 percent. The number of hires was little changed for total private, for government, and in all industries and 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 5.2 million in December. 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 (+17,000). The number of total separations increased in the Midwest region. (See table 3.)
....
____________
The Job Openings and Labor Turnover Survey results for January 2018 are scheduled to be
released on Friday, March 16, 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.
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See our interactive graphics on today’s new job openings and labor turnover numbers http://go.usa.gov/xkJ39 #JOLTS #BLSdata #DataViz
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