Tuesday, February 11, 2014

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[IWS} BLS: JOB OPENINGS AND LABOR TURNOVER – DECEMBER 2013 [11 February 2014]

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 – 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....

 

 

________________________________________________________________________

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.

 




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