Tuesday, September 10, 2013

Tweet

[IWS] BLS: JOB OPENINGS AND LABOR TURNOVER – JULY 2013 [10 September 2013]

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 – JULY 2013 [10 September 2013]

http://www.bls.gov/news.release/jolts.nr0.htm

or

http://www.bls.gov/news.release/pdf/jolts.pdf

[full-text, 18 pages]

and

Supplemental Files Table of Contents

http://www.bls.gov/web/jolts.supp.toc.htm

 

 

There were 3.7 million job openings on the last business day of July, little changed from June, the U.S.

Bureau of Labor Statistics reported today. The hires rate (3.2 percent) and separations rate (3.0 percent)

also were little changed in July. 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

 

The number of job openings in July was 3.7 million, little changed from June. (See table 1.) The number

of job openings was little changed in July in all industries and regions except professional and business

services where the level dropped.

 

The number of job openings in July (not seasonally adjusted) was little changed over the year for total

nonfarm, total private, and government. Increases in job openings in several industries were offset by

decreases in job openings in several other industries, leading to little change at the total nonfarm level.

In the Midwest region, the number of job openings rose over the year. (See table 7.)

 

Hires

 

The number of hires in July was 4.4 million, essentially unchanged from June. The number of hires also

was little changed for total private and government. Over the month, the hires level increased for health

care and social assistance. The number of hires was little changed in all four regions. (See table 2.)

 

Over the 12 months ending in July, the number of hires (not seasonally adjusted) was little changed for

total nonfarm and government but rose for total private. The number of hires increased over the year in

finance and insurance, professional and business services, and federal government. The hires level rose

over the year in the South. (See table 8.)

 

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 include separations

due to retirement, death, and disability, as well as transfers to other locations of the same firm.

 

There were 4.1 million total separations in July, little changed from June. The number of total separations

for total private also was little changed while the number fell in government, reflecting a decline in state

and local government over the month.

 

In July, the quits rates were essentially unchanged at 1.7 percent for total nonfarm, 1.9 percent for total

private, and 0.6 percent for government. The quits rate was little changed over the month for all

industries and regions. (See table 4.)

 

The number of quits (not seasonally adjusted) rose over the 12 months ending in July for total nonfarm

and total private but was little changed for government. The number of quits rose in finance and

insurance, professional and business services, and health care and social assistance. The rise in these three

industries was partially offset by a decline in the number of quits in mining and logging and wholesale

trade. The Midwest had a rise in the number of quits over the year but there was little change in the other

three regions. (See table 10.)

 

The layoffs and discharges rate was essentially unchanged in July at 1.1 percent. The rates were little

changed over the month for total private (1.2 percent) and government (0.4 percent). The rate was little

changed in July for all four regions. Seasonally adjusted estimates of layoffs and discharges are not

available for individual industries. (See table 5.)

 

The layoffs and discharges level (not seasonally adjusted) was little changed over the 12 months ending

in July for total nonfarm, total private, and government. Over the year, the number of layoffs and

discharges decreased in construction. The level was essentially unchanged in all four regions. (See table

11.)

 

In July, there were 328,000 other separations for total nonfarm, a decline from June. The number of

other separations decreased over the month for total private and government. Seasonally adjusted

estimates of other separations are not available for individual industries or regions. (See table 6.) Over

the 12 months ending in July, the number of other separations was little changed for total nonfarm and

total private but decreased for government. (See table 12.)

 

AND MUCH MORE...including TABLES....

 

________________________________________________________________________

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.

 




Links to this post:

Create a Link



<< Home

This page is powered by Blogger. Isn't yours?