Job openings rate in August 2006

October 12, 2006

On the last business day of August 2006, there were 4.1 million job openings in the United States and the job openings rate was 3.0 percent.

Job openings rate, total nonfarm sector, seasonally adjusted, January 2001-August 2006
[Chart data—TXT]

The job openings rate increased over the month to the highest level since April 2001, after showing little change since November 2005. In August, the job openings rate increased in trade, transportation, and utilities and in three of the four regions—the Midwest, South, and West. There were no significant over-the-month decreases in the job openings rates in any industry or region.

The job openings rate is the number of openings divided by employment plus job openings. A job opening requires that a specific position exists and there is work available for that position, work could start within 30 days regardless of whether a suitable candidate is found, and the employer is actively recruiting from outside the establishment to fill the position.

These data come from the Job Openings and Labor Turnover Survey. The above data are seasonally adjusted. Data for August 2006 are preliminary and subject to revision. Find additional information in "Job Openings and Labor Turnover: August 2006" (PDF) (TXT), news release USDL 06-1784.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job openings rate in August 2006 on the Internet at http://www.bls.gov/opub/ted/2006/oct/wk2/art03.htm (visited September 27, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.