Job Openings and Labor Turnover Survey News Release — 2008-08-12

On the last business day of June, there were 3.6 million job openings in the United States, and the job openings rate was 2.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The job openings rate, hires rate, and total separations rate were all essentially unchanged in June. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and geographic region. Although the month-to-month changes in job openings, hires, and turnover data are often small, the trends over time are notable. The job openings rate remained essentially flat from August 2006 through September 2007, followed by a downward trend until March 2008 when the rate leveled off at 2.6 percent for four consecutive months. The hires rate has trended downward since July 2006 and experienced a large drop in May 2008.