Research >> Economics
Job Openings were 4.6 million in May
|
There were 4.6 million job openings on the last business day of May, little changed from 4.5 million in April, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.4 percent) and separations rate (3.2 percent) were essentially unchanged in May. Within separations, the quits rate (1.8 percent) was unchanged and the layoffs and discharges rate (1.1 percent) was little changed. 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 4.6 million job openings in May, little changed from 4.5 million in April. The number of job openings was also little changed for total private and government. The job openings level increased for nondurable manufacturing and for health care and social assistance in May, while it decreased for retail trade and for arts, entertainment, and recreation. The number of job openings was little changed in all four regions in May.
Over the 12 months ending in May, the number of job openings (not seasonally adjusted) rose for total nonfarm, total private, and government. Over the year, the job openings level increased in nearly half of the industries and in all four regions.
Posted: July 8, 2014 Tuesday 10:00 AM