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Job Openings at Highest Level Since 2001

first_img  Print This Post Share Save Job Openings at Highest Level Since 2001 Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Economy Employment Job Hires Job Openings Jobs U.S. Bureau of Labor Statistics 2014-10-13 Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Economy Employment Job Hires Job Openings Jobs U.S. Bureau of Labor Statistics Related Articles Demand Propels Home Prices Upward 2 days ago The U.S. Bureau of Labor Statistics recently reported there were 4.8 million job openings (3.4 percent) nationwide on the last business day in August, which was the highest level of job openings since January 2001.The number of job openings for August is an increase from 4.6 million openings on the last day of July, according to the BLS. Industries that experienced the most monthly gains in job openings were nondurable goods manufacturing, healthcare, social assistance, accommodation, and food service, while there were declines in the number of state and local government job openings, BLS reported.The number of hires was down in August, however. The 4.6 million new hires in August (3.3 percent) was down slightly from the 4.9 reported in July, according to BLS. The number of hires in non-farm, private, and government jobs remained virtually unchanged while the education field saw a decline in new hires.The number of separations (also referred to as turnover), which include quits, layoffs, discharges, and other separations, totaled 4.4 million (3.2 percent) for August, BLS reported. The number of quits, or voluntary separations initiated by the employee, was at 2.5 million (1.8 percent) for August, little changed from the previous month. August was the seventh month in a row the quits rate was reported at 1.8 percent, according to BLS. There was little change in quits for private and government jobs, but there were declines in quits reported in the healthcare and social assistance industries, according to BLS.The number of layoffs and discharges totaled 1.6 million (1.1 percent) for August, also little changed from the previous month. The number of other types of separations (387,000) was little changed in August, according to BLS. Other types of separations may include retirement, death, or disability.Overall, BLS reported a 2.5 percent net employment gain for August, with hires totaling 56.2 million for the 12-month period ending in August 2014 and separations totaling 53.6 million for that same 12-month period. Those numbers may include workers who were hired and/or separated more than once during that period. Home / Daily Dose / Job Openings at Highest Level Since 2001 About Author: Brian Honea October 13, 2014 1,057 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Market Studies, News Sign up for DS News Daily Previous: Report: Tampa Area Accounts for 3.3 Percent of Nation’s Foreclosure Completions Next: Zombie Foreclosures Result in Millions of Delinquent Tax Revenue Dollarslast_img read more