November 10, 2004 (The Editor’s Desk is updated each business day.)

Hires rate in September 2004

The hires rate was 3.3 percent in September, unchanged from a month earlier.

Hires rate, seasonally adjusted, September 2003-September 2004
[Chart data—TXT]

The hires rate decreased in trade, transportation, and utilities and in education and health services over the month, while other major industries showed little change in their hires rates.

The hires rate is the number of hires during the month divided by employment. Hires are any additions to the payroll during the month.

These data come from the Job Openings and Labor Turnover Survey. The above data are seasonally adjusted. Data for September 2004 are preliminary and subject to revision. Find additional information in "Job Openings and Labor Turnover: September 2004" (PDF) (TXT), USDL 04-2275.

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