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Job openings little changed at 5.6 million in Jan; annual hires flat, quits up in 2016
Job openings little changed at 5.6 million in Jan; annual hires flat, quits up in 2016Economic News Release USDL-17-0320
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EDT) Thursday, March 16, 2017
Technical information: (202) 691-5870 • [email protected] • www.bls.gov/jlt
Media contact: (202) 691-5902 • [email protected]
JOB OPENINGS AND LABOR TURNOVER – JANUARY 2017
The number of job openings was little changed at 5.6 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were also little changed at 5.4 million and 5.3 million, respectively. Within separations, the quits rate was little changed at 2.2 percent and the layoffs and discharges rate was unchanged at 1.1 percent. 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. The release also includes 2016 annual estimates for hires and separations. The annual number of hires at 62.7 million in 2016 was essentially the same as in 2015. The annual number of quits at 36.1 million increased in 2016 while the annual number of layoffs and discharges at 19.9 million declined.
Job Openings
On the last business day of January, there were 5.6 million job openings, little changed from December. The job openings rate was 3.7 percent in January. The number of job openings was little changed for total private and for government. Job openings increased in professional and business services (+136,000) and real estate and rental and leasing (+67,000) but decreased in federal government (-37,000). The number of job openings was little changed in all four regions. (See table 1.)
Hires
The number of hires was essentially unchanged at 5.4 million in January. The hires rate was 3.7 percent. The number of hires was little changed for total private and for government. Hires increased in other services (+54,000) and finance and insurance (+41,000). 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 Job Openings and Labor Turnover Survey results for February 2017 are scheduled to be released on Tuesday, April 11, 2017 at 10:00 a.m. (EDT).
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (EDT) Thursday, March 16, 2017
Technical information: (202) 691-5870 • [email protected] • www.bls.gov/jlt
Media contact: (202) 691-5902 • [email protected]
JOB OPENINGS AND LABOR TURNOVER – JANUARY 2017
The number of job openings was little changed at 5.6 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were also little changed at 5.4 million and 5.3 million, respectively. Within separations, the quits rate was little changed at 2.2 percent and the layoffs and discharges rate was unchanged at 1.1 percent. 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. The release also includes 2016 annual estimates for hires and separations. The annual number of hires at 62.7 million in 2016 was essentially the same as in 2015. The annual number of quits at 36.1 million increased in 2016 while the annual number of layoffs and discharges at 19.9 million declined.
Job Openings
On the last business day of January, there were 5.6 million job openings, little changed from December. The job openings rate was 3.7 percent in January. The number of job openings was little changed for total private and for government. Job openings increased in professional and business services (+136,000) and real estate and rental and leasing (+67,000) but decreased in federal government (-37,000). The number of job openings was little changed in all four regions. (See table 1.)
Hires
The number of hires was essentially unchanged at 5.4 million in January. The hires rate was 3.7 percent. The number of hires was little changed for total private and for government. Hires increased in other services (+54,000) and finance and insurance (+41,000). 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 Job Openings and Labor Turnover Survey results for February 2017 are scheduled to be released on Tuesday, April 11, 2017 at 10:00 a.m. (EDT).
[center]Facilities for Sensory Impaired[/center]
Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.
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So far, the BLS is putting out propaganda-free reports. How long that will last, I do not know. There is now an altBLS Twitter feed:
@alt_bls
.@realDonaldTrump, we're the statisticians and economists... you're a real estate developer. Stick to golf. #Resistance #Resist
