Jobs data remain largely unchanged
There were 2.5 million job openings on the last business day of Oct. 2009, the U.S. Bureau of Labor Statistics reported. The job openings rate was unchanged over the month at 1.9 percent. The openings rate has held relatively steady since March 2009.
The hires rate (3 percent) and the separations rate (3.2 percent) were essentially unchanged and remained low.
After falling steeply from mid-2007 through Feb. 2009, the job openings rate has been steady at 1.8 percent or 1.9 percent since March 2009. The number of job openings fell by 2.3 million from the most recent peak in June 2007 to April 2009 but has declined by only 7,000 since.
The hires rate has remained between 3.0 percent and 3.2 percent since Feb. 2009. The hires level fell by 1.5 million from the most recent peak in July 2006 to March 2009 but has declined by only 133,000 since.
Over the 12 months ending in October, hires totaled 49.9 million and separations totaled 54.9 million, yielding a net employment loss of five million.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Panther Creek megasite — Putting a value proposition out there
- BBB issues warning involving asphalt paving scam
- Prescription for success — Transcript Pharmacy continues fast growth
- Study: Mississippi has highest sales tax rate in U.S.
- Mississippi State makes NSF ranking of research universities
- Panther Creek's location in medical industry zone boosts bio-med prospects
- TVA president/CEO Johnson tours Techumseh, Yokohama plants
- Sawtimber, pulpwood markets improving, but challenges remain
- News The Way You Want It!
- Chris McDaniel responds to radio show audio clip