Job openings and labor turnover in January 2011
March 15, 2011
Over the month, the job openings rate was little changed in January 2011, at 2.1 percent, seasonally adjusted.
There were 2.8 million job openings on the last business day in January. The job openings level has risen since the end of the recession in June 2009, but it remains well below the 4.4 million openings when the recession began in December 2007.
The hires rate (2.8 percent) and the total separations (turnover) rate were also little changed in January.
The number of hires decreased in construction but was little changed in every other industry and region in January. At 3.7 million, the number of monthly hires in January was well below the 5.0 million monthly hires when the recession began in December 2007.
Over the 12 months ending in January, the total separations, or turnover, rate (not seasonally adjusted) was essentially unchanged for total nonfarm, total private, and government.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job openings and labor turnover in January 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110315.htm (visited October 24, 2014).
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