Wednesday, August 10, 2005
Tweet[IWS] BLS: JOB OPENINGS AND LABOR TURNOVER: JUNE 2005 [10 August 2005]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
JOB OPENINGS AND LABOR TURNOVER: JUNE 2005 [10 August 2005]
http://www.bls.gov/news.release/jolts.nr0.htm
or
http://www.bls.gov/news.release/pdf/jolts.pdf
[full-text, 13 pages]
The job openings, hires, and total separations rates were all
essentially unchanged in June, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today. This release includes estimates of the
number and rate of job openings, hires, and separations for the total
nonfarm sector by industry and geographic region.
Job Openings
On the last business day of June 2005, there were 3.5 million job
openings in the United States, and the job openings rate was 2.6 percent.
(See table 1.) The job openings rate was little changed in June, but has
generally trended upward since September 2003. In June, the job openings
rate was little changed in all industries and regions except in the West,
where it increased.
Hires and Separations
The hires rate was little changed at 3.5 percent in June. (See table
2.) Hires are any additions to the payroll during the month. In June, the
hires rate was little changed in each region, and changed significantly
only in the leisure and hospitality industry, where it increased.
The total separations, or turnover, rate was little changed at 3.3
percent in June. (See table 3.) Separations are terminations of em-
ployment that occur at any time during the month. In June, the total
separations rate did not change significantly in any industry or region.
Total separations include quits (voluntary separations), layoffs and
discharges (involuntary separations), and other separations (including
retirements). The quits rate, which can serve as a barometer of workers'
ability to change jobs, remained at 1.9 percent in June. (See table 4.)
The quits rate did not change significantly in any industry in June. In
the regions, the quits rate changed only in the West, where it increased.
The other two components of total separations--layoffs and discharges,
and other separations--are not seasonally adjusted. From June 2004 to June
2005, the layoffs and discharges rate was unchanged at 1.1 percent, but the
other separations rate decreased to 0.2 percent. (See tables 9 and 10.)
AND MORE...including TABLES and CHARTS....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
JOB OPENINGS AND LABOR TURNOVER: JUNE 2005 [10 August 2005]
http://www.bls.gov/news.release/jolts.nr0.htm
or
http://www.bls.gov/news.release/pdf/jolts.pdf
[full-text, 13 pages]
The job openings, hires, and total separations rates were all
essentially unchanged in June, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today. This release includes estimates of the
number and rate of job openings, hires, and separations for the total
nonfarm sector by industry and geographic region.
Job Openings
On the last business day of June 2005, there were 3.5 million job
openings in the United States, and the job openings rate was 2.6 percent.
(See table 1.) The job openings rate was little changed in June, but has
generally trended upward since September 2003. In June, the job openings
rate was little changed in all industries and regions except in the West,
where it increased.
Hires and Separations
The hires rate was little changed at 3.5 percent in June. (See table
2.) Hires are any additions to the payroll during the month. In June, the
hires rate was little changed in each region, and changed significantly
only in the leisure and hospitality industry, where it increased.
The total separations, or turnover, rate was little changed at 3.3
percent in June. (See table 3.) Separations are terminations of em-
ployment that occur at any time during the month. In June, the total
separations rate did not change significantly in any industry or region.
Total separations include quits (voluntary separations), layoffs and
discharges (involuntary separations), and other separations (including
retirements). The quits rate, which can serve as a barometer of workers'
ability to change jobs, remained at 1.9 percent in June. (See table 4.)
The quits rate did not change significantly in any industry in June. In
the regions, the quits rate changed only in the West, where it increased.
The other two components of total separations--layoffs and discharges,
and other separations--are not seasonally adjusted. From June 2004 to June
2005, the layoffs and discharges rate was unchanged at 1.1 percent, but the
other separations rate decreased to 0.2 percent. (See tables 9 and 10.)
AND MORE...including TABLES and CHARTS....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 1:39 PM
