Job Openings and Labor Turnover Survey News Release - 2022 M05 Results — 2022-07-06
The number of job openings decreased to 11.3 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 11.3 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today. Hires and total separations were little changed at 6.5 million and 6.0 million, respectively. Within separations, quits (4.3 million) and layoffs and discharges (1.4 million) were little changed. 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 and rate of job openings decreased to 11.3 million (-427,000) and 6.9 percent, respectively. The largest decreases in job openings were in professional and business services (-325,000), durable goods manufacturing (-138,000), and nondurable goods manufacturing (-70,000). (See table 1.) In May, the number of hires was little changed at 6.5 million. The hires rate was unchanged at 4.3 percent.
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