Friday, September 09, 2011

Job Openings and Labor Turnover – July 2011


There were 3.2 million job openings on the last business day of July, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.0 percent) and separations rate (3.0 percent) were essentially unchanged over the month.

By Bob DeMarco
All American Investor

Job Openings
The number of job openings in July was 3.2 million, little changed from June. (See table 1.) Although the number of job openings remained below the 4.4 million openings when the recession began in December 2007, the level in July was 1.1 million openings higher than in July 2009 (the most recent trough).

The number of job openings increased over the month for manufacturing and for arts, entertainment, and\ recreation.


The number of job openings in July (not seasonally adjusted) increased over the year for total nonfarm and total private. Eight industries experienced an increase over the year in the number of job openings;
the number of job openings decreased for federal government. The number of job openings rose in the Midwest, South, and West.

This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by geographic region.


Job Openings and Labor Turnover Summary
http://1.usa.gov/n26Qx2

Source(s): U.S. Department of Labor: Bureau of Labor Statistics
Release: Job Openings and Labor Turnover
Units: Level in Thousands
Frequency: Monthly



 


Original content Bob DeMarco, All American Investor