Job openings and labor turnover in May 2011
July 14, 2011
On a seasonally adjusted basis, both the job openings rate (2.2 percent) and the number of job openings (3.0 million) were unchanged in May.
The number of job openings in May was 862,000 higher than in July 2009 (the series trough), but remains well below the 4.4 million openings when the recession began in December 2007
The hires rate (3.1 percent) and separations rate (3.1 percent) in May were little changed from the previous month.
At 4.1 million in May, the number of hires is up from 3.6 million in October 2009 (the series trough) but still below the 5.0 million hires in December 2007. Over the past 12 months, the hires rate (not seasonally adjusted) showed no significant over-the-year increase in any industry or region.
The total separations rate, which includes voluntary quits, involuntary layoffs and discharges, and other separations such as retirements, was unchanged in May and has changed little over the past year.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job openings and labor turnover in May 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110714.htm (visited October 06, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.