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Job openings rate stays low

WASHINGTON — On the last business day of August, the number of job openings in the U.S. was little changed at a series low level of 2.4 million, the U.S. Bureau of Labor Statistics reports.

The hires rate was little changed and remained low at 3.1 percent in August. The total separations rate was little changed and remained low at 3.3 percent.

The job openings rate was unchanged in August at a rate of 1.8 percent. The number of job openings has fallen by 2.4 million, or 50 percent, since the most recent peak in June 2007. The job openings rate was little changed in August in all industries and regions.

The hires level was little changed at four million in August but has declined by 1.6 million, or 28 percent, since the most recent peak in July 2006. The hires rate was low in August at 3.1 percent and little changed from July. The hires rate was little changed in August in all industries. The hires rate decreased over the month in the West and was little changed in the remaining regions.

The total separations, or turnover, rate was little changed in August and remained low at 3.3 percent. The total separations rate (not seasonally adjusted) decreased over the 12 months ending in August for total non-farm and total private.

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