Hires rate at low point in June 2009

August 14, 2009

The hires rate at 2.9 percent in June was at the lowest point since the series began in December 2000. The hires rate declined over the month in construction and in trade, transportation, and utilities. The rate increased over the month in education and health services.

Hires rate, total nonfarm sector, seasonally adjusted, January 2001–June 2009
[Chart data—TXT]

Over the 12 months ending in June, the hires rate (not seasonally adjusted) declined for total nonfarm, total private, government, and many industries. The rate rose in the other services industry.

The industries with little change in the rate over the year were nondurable goods manufacturing; transportation, warehousing, and utilities; information; real estate and rental and leasing; educational services; health care and social assistance; and arts, entertainment, and recreation.

The hires rate fell over the past 12 months in three of the four regions: Midwest, South, and West.

These data are from the Job Openings and Labor Turnover Survey. Data for June are preliminary. To learn more, see "Job Openings and Labor Turnover: June 2009" (HTML) (PDF), news release 09-0935.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Hires rate at low point in June 2009 on the Internet at http://www.bls.gov/opub/ted/2009/ted_20090814.htm (visited October 01, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.