Research >> Economics
Job Openings were 4.7 million in July
There were 4.7 million job openings on the last business day of July, little changed from June, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.5 percent) and the separations rate (3.3 percent) were unchanged in July. Within separations, the quits rate (1.8 percent) and the layoffs and discharges rate (1.2 percent) were 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.
There were 4.7 million job openings on the last business day of July and the rate was 3.3 percent. The 1-month change in the number of openings was not significant for total private, government, all industries, and in all four regions. (See table 1.) Although the number of total nonfarm job openings was little changed in July, there were 799,000 more job openings in July than in January 2014. The largest increases since January were in retail trade, professional and business services, and health care and social assistance.
The number of job openings (not seasonally adjusted) increased over the 12 months ending in July 2014 for total nonfarm, total private, and government. The job openings level increased in several of the industries and in all four regions.
Posted: September 9, 2014 Tuesday 10:00 AM