Job Openings And Labor Turnover: June 2004 — 2004-08-11

The number of hires continued to outpace the number of separations in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. There were 4.3 million hires and 4.1 million separations in June, little changed from the month before. The job openings rate was unchanged at 2.3 percent in June. The series in this report include estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and geographic region. On the last business day of June 2004, there were 3.0 million job openings in the United States, and the job openings rate (the number of job openings on the last business day of the month divided by employment plus job openings) was 2.3 percent. (See table 1.) The job openings rate has remained in the range of 2.0 percent to 2.4 percent since October 2001.