People are Asking
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Yes, beginning with the release of January 2006 data on March 14,
2006, annual estimates of rates and levels of hires, quits, layoffs and
discharges, other separations, and total separations are released with
the January news release each year. The JOLTS annual level estimates for
hires, quits, layoffs and discharges, other separations, and total
separations are the sum of the 12 published monthly levels. The annual
rate estimates are computed by dividing the annual level by the Current Employment Statistics (CES)
annual average employment level, and multiplying that quotient by 100.
This figure will be approximately equal to the sum of the 12 monthly
rates. Note that both the JOLTS and CES annual levels are rounded to the
nearest thousand before the annual estimates are calculated. Consistent
with BLS practices, annual estimates will be published only for not
seasonally adjusted data. Annual estimates are not calculated for job
openings because job openings are a stock, or point-in-time, measurement
for the last business day of each month. Only jobs still open on the
last day of the month are counted. For the same reason job openings
cannot be cumulated throughout each month, annual figures for job
openings cannot be created by summing the monthly estimates. Hires and
separations are flow measures and are cumulated over the month with a
total reported for the month. Therefore, the annual figures can be
created by summing the monthly estimates.
The annual rates and levels are in the column labelled "annual"
in the monthly tables.
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Seasonally adjusted job openings, hires, total separations, and quits
are available for the nation; the total private sector; construction;
manufacturing; trade, transportation, and utilities; retail trade;
professional and business services; education and health services;
leisure and hospitality; accommodation and food services; government;
and state and local government, as well as for the four geographic
regions.
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For 2007: December 11, 2007.
For 2008: Jan. 10, Feb. 12, March 12, April 8, May 15,
June 10, July 9, Aug. 12, Sept. 9, Oct. 7, Nov. 13, and Dec. 9.
For 2009: January 13, 2009.
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No, JOLTS publishes estimates for the nation as a whole, by ownership
(private vs. public), by supersector and select sectors (based on the
North American Industry Classification System), and by region.
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JOLTS is not a job placement service; it does not have information
about individual job openings. You can find helpful job search
information at CareerOneStop.
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JOLTS does not collect information regarding the cost of
turnover.
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JOLTS does not collect information on the number of jobs held in a
lifetime. The National Longitudinal
Survey produces estimates on the number of jobs individuals hold over
time; the Current Population
Survey produces estimates on employee
tenure.
Last Modified Date: January 8, 2008
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