Research >> Economics
Job Openings were 4.8 million in October
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There were 4.8 million job openings on the last business day of October, little changed from 4.7 million in September, the U.S. Bureau of Labor Statistics reported today. Hires (5.1 million) and separations (4.8 million) were steady in October. Within separations, the quits rate (1.9 percent) was little changed and the layoffs and discharges rate (1.2 percent) was unchanged. 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.
There were 4.8 million job openings on the last business day of October. The job openings rate was 3.3 percent. The number of job openings was little changed for total private and declined for government in October. (See table 1.) The level of job openings decreased for state and local government. The job openings level was little changed in all four regions.
The number of job openings (not seasonally adjusted) increased over the 12 months ending in October for total nonfarm and total private, and was little changed for government. The job openings level increased over the year for many industries, including both professional and business services and accommodation and food services. The number of openings also increased over the year in all four regions.
Posted: December 9, 2014 Tuesday 10:00 AM