Hires rate down in July 2004
September 09, 2004
The hires rate fell in July but remained above the separations rate. The hires rate was 3.2 percent in July, and the separations rate was 3.1 percent.
The July hires rate of 3.2 percent was down from the June rate of 3.4 percent. The hires rate decreased in construction and edged down in government (including federal, state, and local) in July, while other major industries showed little or no change in their hires rates. The hires rates in the Midwest and West decreased from a month ago.
The hires rate is the number of hires during the month divided by employment. Hires are any additions to the payroll during the month. The separations, or turnover, rate is the number of separations during the month divided by employment.
These data come from the Job Openings and Labor Turnover Survey. The above data are seasonally adjusted. Data for July 2004 are preliminary and subject to revision. Find additional information in "Job Openings and Labor Turnover: July 2004" (PDF) (TXT), USDL 04-1762.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Hires rate down in July 2004 on the Internet at http://www.bls.gov/opub/ted/2004/sept/wk1/art03.htm (visited November 23, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.