JOLTS Job Openings at 5.7 million

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Tuesday, Jul 11 2017

JOLTS Job Openings at 5.7 million

The number of job openings decreased to 5.7 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today. Over the month, hires increased to 5.5 million and separations increased to 5.3 million. Within separations, the quits rate was little changed at 2.2 percent and the layoffs and discharges rate was unchanged at 1.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

On the last business day of May, the job openings level decreased to 5.7 million (-301,000). The job openings rate was 3.7 percent. The number of job openings decreased for total private (-283,000) and was little changed for government. Job openings increased in retail trade (+72,000) and educational services (+17,000). Job openings decreased in a number of industries with the largest decreases occurring in construction (-46,000) and transportation, warehousing, and utilities (-45,000). The number of job openings decreased in the Midwest region.

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