Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
BLS Report: Job openings edge down to 7.0 million in September; hires and separations little changed
People come; people go.
This is JOLTS, the Job Openings and Labor Turnover Survey. It comes out a few days after the monthly payroll employment report.
The number of quits indicates how confident people are of finding another job if they leave the one they have.
Job openings edge down to 7.0 million in September; hires and separations little changed
Economic News Release USDL-19-1907
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EST) Tuesday, November 5, 2019
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 2019
The number of job openings edged down to 7.0 million (-277,000) on the last business day of September, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.9 million and 5.8 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.3 percent and 1.3 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 September, the job openings level edged down to 7.0 million (-277,000). The job openings rate was 4.4 percent. The number of job openings edged down for total private (-262,000) and was little changed for government. The job openings level decreased in health care and social assistance (-124,000), retail trade (-102,000), and federal government (-19,000). Job openings increased in information (+25,000). The number of job openings decreased in the Northeast region. (See table 1.)
Hires
The number of hires was little changed at 5.9 million in September and the hires rate was unchanged at 3.9 percent. The number of hires was little changed for total private and for government. The hires level decreased in federal government (-30,000). The number of hires was little changed 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 5.8 million in September and the rate was unchanged at 3.8 percent. The number of total separations was little changed for total private and for government. The total separations level was little changed in all industries and in all four regions. (See table 3.)
The number of quits was little changed in September at 3.5 million as was the rate at 2.3 percent. The quits level was little changed for total private and for government. Quits decreased in accommodation and food services (-74,000) and in real estate and rental and leasing (-19,000). The number of quits decreased in the Northeast and South regions. (See table 4.)
The number of layoffs and discharges edged up in September to 2.0 million (+152,000). The layoffs and discharges rate was 1.3 percent. The layoffs and discharges level edged up for total private (+151,000) and was little changed for government. The number of layoffs and discharges increased in accommodation and food services (+72,000) and in health care and social assistance (+42,000). The layoffs and discharges level was little changed in all four regions. (See table 5.)
The number of other separations was little changed in September. The other separations level was also little changed for total private and for government. Other separations increased in accommodation and food services (+15,000) and in nondurable goods manufacturing (+5,000). The number of other separations was little changed in all four regions. (See table 6.)
Net Change in Employment
Large numbers of hires and separations occur every month throughout the business cycle. Net employment change results from the relationship between hires and separations. When the number of hires exceeds the number of separations, employment rises, even if the hires level is steady or declining. Conversely, when the number of hires is less than the number of separations, employment declines, even if the hires level is steady or rising. Over the 12 months ending in September, hires totaled 69.9 million and separations totaled 67.4 million, yielding a net employment gain of 2.5 million. These totals include workers who may have been hired and separated more than once during the year.
____________
The Job Openings and Labor Turnover Survey estimates for October 2019 are scheduled to be released on Tuesday, December 17, 2019 at 10:00 a.m. (EST).
Economic News Release USDL-19-1907
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EST) Tuesday, November 5, 2019
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 2019
The number of job openings edged down to 7.0 million (-277,000) on the last business day of September, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.9 million and 5.8 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.3 percent and 1.3 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 September, the job openings level edged down to 7.0 million (-277,000). The job openings rate was 4.4 percent. The number of job openings edged down for total private (-262,000) and was little changed for government. The job openings level decreased in health care and social assistance (-124,000), retail trade (-102,000), and federal government (-19,000). Job openings increased in information (+25,000). The number of job openings decreased in the Northeast region. (See table 1.)
Hires
The number of hires was little changed at 5.9 million in September and the hires rate was unchanged at 3.9 percent. The number of hires was little changed for total private and for government. The hires level decreased in federal government (-30,000). The number of hires was little changed 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 5.8 million in September and the rate was unchanged at 3.8 percent. The number of total separations was little changed for total private and for government. The total separations level was little changed in all industries and in all four regions. (See table 3.)
The number of quits was little changed in September at 3.5 million as was the rate at 2.3 percent. The quits level was little changed for total private and for government. Quits decreased in accommodation and food services (-74,000) and in real estate and rental and leasing (-19,000). The number of quits decreased in the Northeast and South regions. (See table 4.)
The number of layoffs and discharges edged up in September to 2.0 million (+152,000). The layoffs and discharges rate was 1.3 percent. The layoffs and discharges level edged up for total private (+151,000) and was little changed for government. The number of layoffs and discharges increased in accommodation and food services (+72,000) and in health care and social assistance (+42,000). The layoffs and discharges level was little changed in all four regions. (See table 5.)
The number of other separations was little changed in September. The other separations level was also little changed for total private and for government. Other separations increased in accommodation and food services (+15,000) and in nondurable goods manufacturing (+5,000). The number of other separations was little changed in all four regions. (See table 6.)
Net Change in Employment
Large numbers of hires and separations occur every month throughout the business cycle. Net employment change results from the relationship between hires and separations. When the number of hires exceeds the number of separations, employment rises, even if the hires level is steady or declining. Conversely, when the number of hires is less than the number of separations, employment declines, even if the hires level is steady or rising. Over the 12 months ending in September, hires totaled 69.9 million and separations totaled 67.4 million, yielding a net employment gain of 2.5 million. These totals include workers who may have been hired and separated more than once during the year.
____________
The Job Openings and Labor Turnover Survey estimates for October 2019 are scheduled to be released on Tuesday, December 17, 2019 at 10:00 a.m. (EST).
* * * * *
[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.
