Job Openings and Labor Turnover Survey News Release - 2023 M05 Results — 2023-07-06
The number of job openings decreased to 9.8 million on the last business day of May, the U.S. Bureau of Labor Statistics…
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The number of job openings decreased to 9.8 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires and total separations were little changed at 6.2 million and 5.9 million, respectively. Within separations, quits (4.0 million) increased, while layoffs and discharges (1.6 million) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. On the last business day of May, the number of job openings decreased to 9.8 million (-496,000), following an increase in April. In May, the job openings rate declined by 0.3 percentage point to 5.9 percent, offsetting an increase of the same magnitude in the prior month.
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