July 11, 2012 (The Editor’s Desk is updated each business day.)

Job openings little changed in May 2012

There were 3.6 million job openings on the last business day of May, little changed from 3.4 million in April. The job openings rate, at 2.7 percent, was little changed from April. The hires rate (3.3 percent) and separations rate (3.3 percent) were essentially unchanged in May.

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In May, job openings increased for manufacturing, government, and state and local government. The number of openings also increased for the Midwest region. The level of total nonfarm job openings in May was up from 2.4 million at the end of the recession in June 2009.

[Chart data]

In May, the hires rate was essentially unchanged at 3.3 percent for total nonfarm. The hires rate was little changed in all industries and regions. The number of hires in May was 4.4 million, up from 3.7 million at the end of the recession in June 2009.

The seasonally adjusted total separations rate was essentially unchanged for total nonfarm, total private, and government in May.

The total separations figure includes quits, layoffs and discharges, and other separations. Total separations is also referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs.

These data are from the Job Openings and Labor Turnover Survey and are preliminary. To learn more, see "Job Openings and Labor Turnover — May 2012" (HTML) (PDF), news release USDL-12-1379.

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