Job openings and labor turnover in December 2010

February 11, 2011

Over the month, the job openings rate was essentially unchanged in December 2010, at 2.3 percent (seasonally adjusted). Since the most recent series trough in July 2009, the number of job openings has risen by 0.7 million, or 31 percent.

Job openings rate, total nonfarm, seasonally adjusted, January 2008–December 2010
[Chart data]

From November to December 2010, both the hires rate and the separations rate were also unchanged, at 3.2 percent each.

Hires and separations rates, total nonfarm, seasonally adjusted, January 2008–December 2010
[Chart data]

There were 4.2 million hires in December 2010, 9 percent higher than the most recent trough for this series, which occurred in June 2009. This trough coincided with the official end of the most recent recession.

Despite the gains since June 2009, the number of hires in December remained below the 5.0 million hires when the recession began in December 2007. Since their respective troughs, the hires level has risen at a slower pace than the job openings level.

These data are from the Job Openings and Labor Turnover Survey. To learn more, see "Job Openings and Labor Turnover: December 2010," (PDF) (HTML) news release USDL-11-0152.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job openings and labor turnover in December 2010 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110211.htm (visited September 25, 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.