Tuesday, February 11, 2014
Tweet[IWS} BLS: JOB OPENINGS AND LABOR TURNOVER – DECEMBER 2013 [11 February 2014]
IWS Documented News Service
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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
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JOB OPENINGS AND LABOR TURNOVER – DECEMBER 2013 [11 February 2014]
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 4.0 million job openings on the last business day of December, little changed from
November, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.2 percent) and
separations rate (3.2 percent) were little changed in December. 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
There were 4.0 million job openings in December, little changed from November. The number of
openings was little changed in total private and decreased in government. The number of job openings
decreased in health care and social assistance; arts, entertainment, and recreation; and state and local
government. The Midwest region experienced a decline in job openings in December. (See table 1.)
The number of job openings (not seasonally adjusted) increased over the year for total nonfarm and total
private and was little changed for government. Over the year, the number of job openings increased in
mining and logging; nondurable goods manufacturing; wholesale trade; professional and business
services; and accommodation and food services. The job openings level decreased in healthcare and
social assistance as well as federal government. The West region experienced an increase in job
openings over the 12 months ending in December. (See table 7.)
Hires
There were 4.4 million hires in December, little changed from November. The number of hires was
essentially unchanged for total private and government. The number of hires was little changed in all
industries and in all four regions. (See table 2.)
Over the 12 months ending in December, the number of hires (not seasonally adjusted) changed little for
total nonfarm, total private, and government. Hires levels were little changed in all industries and in all
four regions. (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 4.4 million total separations in December, little changed from November. The number of
total separations was essentially unchanged for total private and government. (See table 3.)
AND MUCH MORE...including TABLES....
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