WASHINGTON — On the last business day of April, job openings in the U.S. numbered 2.5 million, the Bureau of Labor Statistics reports, and stood at the lowest level since the series began in December 2000.
The hires rate (3.1 percent) was unchanged in April and remained low, while the total separations rate (3.6 percent) was little changed over the month.
The job openings rate was unchanged in April at 1.9 percent. Since June 2007, the number of job openings has trended downward by 2.3 million, or 47 percent. In April, small declines in the job openings rate occurred in most industries; none of these declines were statistically significant. The job openings rate increased significantly for government due to an increase in job opportunities for temporary workers for Census 2010.
The hires level was little changed at 4.2 million in April. However, monthly hires experienced an overall downward trend, falling by 1.5 million, or 26 percent, since July 2006. Government experienced a significant increase in the hires rate over the month mainly due to hiring of temporary workers for Census 2010. The hires rate did not change significantly in the remaining industries.
Regionally, the South experienced a significant increase in the hires rate. All of the remaining regions did not change significantly.
The total separations rate (not seasonally adjusted) decreased significantly over the 12 months ending in April.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info