Tuesday, January 13, 2015
Tweet[IWS] BLS: JOB OPENINGS AND LABOR TURNOVER – NOVEMBER 2014 [13 January 2015]
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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 – NOVEMBER 2014 [13 January 2015]
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 5.0 million job openings on the last business day of November, little changed from 4.8
million in October, the U.S. Bureau of Labor Statistics reported today. Hires (5.0 million) were little
changed and separations (4.6 million) declined in November. Within separations, the quits rate (1.9
percent) was unchanged and the layoffs and discharges rate (1.2 percent) was little changed. 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.
Job Openings
There were 5.0 million job openings on the last business day of November. The job openings rate was
3.4 percent. The number of job openings was little changed for total private and increased for
government in November. (See table 1.) Job openings increased for nondurable goods manufacturing
and for state and local government. The number of job openings was little changed in all four regions.
The number of job openings (not seasonally adjusted) increased over the 12 months ending in
November for total nonfarm, total private, and government. Job openings increased over the year for
many industries, including professional and business services, health care and social assistance, and
accommodation and food services. Job openings decreased in arts, entertainment, and recreation. The
number of openings increased over the year in all four regions. (See table 7.)
Hires
There were 5.0 million hires in November, little changed from October. The hires rate in November was
3.6 percent. The number of hires was little changed for total private and government. Hires decreased
over the month in professional and business services and in the West region. (See table 2.)
Over the 12 months ending in November, the number of hires (not seasonally adjusted) increased for
total nonfarm and total private, and was little changed for government. Hires increased over the year in
several industries, including retail trade and accommodation and food services. The number of hires
increased in the Northeast and Midwest 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 4.6 million total separations in November, down from October. The separations rate was
3.3 percent in November. The number of total separations was little changed for total private and
government and decreased in the Northeast region. (See table 3.)
There were 2.6 million quits in November, little changed from October. The quits rate in November was
1.9 percent. The number of quits was little changed for total private and decreased for government.
Quits decreased in durable goods manufacturing, professional and business services, and state and local
government. The number of quits was little changed in all four regions. (See table 4.)
The number of quits (not seasonally adjusted) increased over the 12 months ending in November for
total nonfarm and total private and was unchanged for government. Over the year, quits increased for
many industries, including both health care and social assistance and accommodation and food services.
The number of quits also increased over the year in the South region. (See table 10.)
There were 1.6 million layoffs and discharges in November, little changed from October. The rate was
1.2 percent in November. The number of layoffs and discharges was little changed over the month for
total private and government, and fell in the Northeast region. (See table 5.) Seasonally adjusted
estimates of layoffs and discharges are not available for individual industries.
The number of layoffs and discharges (not seasonally adjusted) was little changed over the 12 months
ending in November for total nonfarm, total private, and government. The number of layoffs and
discharges increased over the year in mining and logging and in the Midwest region. (See table 11.)
In November, there were 393,000 other separations for total nonfarm, little changed from October.
Over the month, the number of other separations was little changed for total private at 331,000 and for
government at 62,000. (See table 6.) Seasonally adjusted estimates of other separations are not available
for individual industries or regions.
Over the 12 months ending in November, the number of other separations (not seasonally adjusted)
was little changed for total nonfarm, total private, and government. Other separations fell over the year
for information and was little changed in all four regions. (See table 12.)
AND MUCH MORE...including TABLES....
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