BLS Reports Job Openings See Little Changed in June; Up Over the YearAugust 10th, 2012 by DWM Magazine
There were 3.8 million job openings on the last business day of June; little changed from 3.7 million in May, reported the U.S. Bureau of Labor Statistics (BLS). The hires rate (3.3 percent) and separations rate (3.2 percent) were also essentially unchanged in June.
According to the BLS little changed with job openings in all industries and regions. The level of total nonfarm job openings in June was up from 2.4 million at the end of the recession in June 2009. The number of job openings in June (not seasonally adjusted) increased over the year for total nonfarm and total private. The number of job openings for government also saw little change. Job openings increased over the year for several industries and the Midwest, Northeast and South regions.
In June, the hires rate was essentially unchanged at 3.3 percent for total nonfarm. The hires rate was little changed in all industries and regions. The number of hires in June was 4.4 million, up from 3.7 million at the end of the recession in June 2009.
As far as the total separations figure, which includes quits, layoffs and discharges, etc., this figure was also essentially unchanged for total nonfarm, total private and government in June. Over the year, the total separations rate (not seasonally adjusted) was essentially unchanged for total nonfarm, total private, and government.