Wednesday, July 13, 2011

Job Openings



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There were 3.0 million job openings on the last business day of May, the U.S. Bureau of Labor Statistics reported.

The hires rate (3.1 percent) and separations rate (3.1 percent) were again little changed over the month. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and by geographic region.



Job Openings

The number of job openings in May was 3.0 million, unchanged from
April. (See table 1.) 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 number of job openings in May (not seasonally adjusted) rose over
the last 12 months for total private as the number of job openings
rose in durable goods manufacturing; transportation, warehousing, and
utilities; information; and healthcare and social assistance. The
level decreased over the year for federal government due largely to a
drop in the number of temporary workers needed to conduct the 2010
Census.

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Original content Bob DeMarco, Look Beyond the Obvious