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Hires rate at 4.0 percent in February 2023, little different from the previous month

April 07, 2023

The hires rate was 4.0 percent in February 2023 as there was a total of 6.2 million nonfarm hires during the month. Both numbers were little different from the previous month. The hires rate in federal government rose from 1.4 percent in January 2023 to 1.6 percent in February 2023. This represents a rise in federal government hires from 40,000 to 48,000.

Hires rate, selected industries, February 2018–February 2023
Month Total nonfarm Total private Construction Manufacturing Trade, transportation, and utilities Information Financial services Professional and business services

Feb 2018

3.8% 4.2% 5.9% 3.0% 3.9% 3.3% 2.4% 5.6%

Mar 2018

3.8 4.2 5.2 2.8 4.1 3.3 2.2 5.6

Apr 2018

3.8 4.2 4.8 2.9 4.2 3.3 2.3 5.4

May 2018

3.9 4.4 5.5 2.9 4.0 3.4 2.4 5.6

Jun 2018

3.9 4.2 5.1 2.9 4.1 3.1 2.6 5.7

Jul 2018

3.8 4.2 5.3 3.0 4.0 3.0 2.4 5.3

Aug 2018

3.9 4.3 5.2 2.9 4.4 3.1 2.4 5.3

Sep 2018

3.8 4.2 5.2 2.6 4.1 3.1 2.7 5.2

Oct 2018

4.0 4.4 4.8 3.1 4.5 3.0 2.3 5.6

Nov 2018

3.9 4.3 5.3 2.9 4.2 3.5 2.4 5.4

Dec 2018

3.9 4.2 5.1 2.7 4.2 2.9 2.5 5.5

Jan 2019

3.9 4.3 5.8 2.8 4.1 3.1 2.2 5.0

Feb 2019

3.8 4.2 5.0 2.6 4.0 3.2 2.3 5.5

Mar 2019

3.8 4.2 5.0 2.7 4.0 3.4 2.2 5.5

Apr 2019

4.0 4.4 5.6 2.7 4.2 3.3 2.6 5.9

May 2019

3.8 4.2 5.2 2.6 4.3 3.6 2.6 5.4

Jun 2019

3.8 4.2 5.7 2.5 4.3 3.3 2.5 5.1

Jul 2019

3.9 4.3 5.0 2.6 4.4 3.4 2.8 5.4

Aug 2019

3.9 4.3 5.4 2.6 4.3 3.3 2.7 5.3

Sep 2019

3.9 4.4 6.0 2.7 4.3 3.2 2.6 5.4

Oct 2019

3.8 4.2 6.5 2.4 4.0 3.3 2.5 5.2

Nov 2019

3.9 4.2 5.6 2.8 4.3 3.2 2.8 5.3

Dec 2019

3.9 4.3 6.0 2.7 4.2 3.2 2.5 5.4

Jan 2020

4.0 4.3 5.6 2.5 4.4 2.8 2.4 5.5

Feb 2020

3.9 4.3 5.1 2.8 4.5 3.3 2.8 5.2

Mar 2020

3.4 3.7 5.2 2.4 4.2 2.5 2.6 5.3

Apr 2020

3.1 3.5 3.3 3.1 4.4 1.5 1.8 4.4

May 2020

6.1 7.0 10.4 5.4 6.3 2.5 2.5 5.0

Jun 2020

5.4 6.2 7.4 4.0 5.7 2.2 2.4 5.9

Jul 2020

4.5 5.0 5.5 2.9 5.0 3.2 3.0 5.6

Aug 2020

4.2 4.5 5.3 3.2 4.7 3.3 2.6 5.7

Sep 2020

4.2 4.7 5.4 3.1 4.9 3.7 2.8 5.7

Oct 2020

4.3 4.8 5.3 3.2 5.0 4.5 2.9 5.7

Nov 2020

4.1 4.6 5.2 3.4 4.5 3.1 2.4 5.9

Dec 2020

3.9 4.4 5.3 3.6 4.5 2.8 2.4 5.7

Jan 2021

4.0 4.3 4.6 2.9 4.4 3.7 2.4 5.8

Feb 2021

4.1 4.6 5.1 3.3 4.3 3.7 2.3 5.7

Mar 2021

4.2 4.7 5.8 3.6 4.5 3.7 2.4 5.6

Apr 2021

4.3 4.7 4.4 3.1 4.6 4.3 2.4 5.6

May 2021

4.2 4.6 4.0 3.4 4.7 3.7 2.4 5.4

Jun 2021

4.5 5.0 4.9 3.6 5.6 3.8 2.5 5.8

Jul 2021

4.5 4.9 4.5 3.9 5.0 3.8 2.8 6.1

Aug 2021

4.4 4.8 5.0 3.8 5.0 4.1 2.4 5.6

Sep 2021

4.5 5.0 4.6 4.0 5.0 4.1 3.4 6.1

Oct 2021

4.5 5.0 5.0 4.0 4.9 4.2 2.6 6.4

Nov 2021

4.6 5.1 5.7 3.9 5.1 3.9 2.8 6.4

Dec 2021

4.4 4.9 5.0 3.9 4.8 3.9 2.8 6.0

Jan 2022

4.3 4.8 4.3 3.8 4.6 4.4 2.8 6.0

Feb 2022

4.5 5.0 5.4 4.0 4.9 2.9 2.8 6.2

Mar 2022

4.3 4.8 5.3 4.0 4.6 3.7 2.6 6.1

Apr 2022

4.3 4.8 4.3 3.9 4.7 3.6 3.2 5.8

May 2022

4.3 4.7 4.5 3.6 4.5 3.6 2.6 5.9

Jun 2022

4.2 4.6 4.7 3.7 4.5 3.9 2.3 5.6

Jul 2022

4.1 4.5 5.1 3.4 4.6 3.3 2.6 5.5

Aug 2022

4.2 4.6 4.9 3.7 4.6 3.6 2.7 5.4

Sep 2022

4.1 4.4 4.7 3.1 4.5 3.2 2.6 5.2

Oct 2022

4.0 4.4 4.5 3.4 4.3 3.2 2.4 5.1

Nov 2022

4.1 4.4 4.3 3.1 4.4 3.6 2.7 5.1

Dec 2022

4.0 4.4 4.8 3.1 4.5 3.1 2.3 5.1

Jan 2023

4.1 4.5 4.9 3.2 4.6 2.7 2.3 5.1

Feb 2023

4.0 4.3 4.7 3.3 4.4 3.2 2.1 4.9
 Hires rate, selected industries, February 2018–February 2023 … continued
Month Education and health services Leisure and hospitality Government Federal State and Local

Feb 2018

2.8% 6.5% 1.6% 1.1% 1.6%

Mar 2018

2.9 6.4 1.5 1.1 1.6

Apr 2018

2.8 6.4 1.6 1.3 1.6

May 2018

3.1 6.9 1.6 0.9 1.7

Jun 2018

3.1 6.4 1.7 1.3 1.8

Jul 2018

2.9 6.7 1.5 1.4 1.6

Aug 2018

3.1 6.5 1.7 1.2 1.8

Sep 2018

2.9 6.4 1.5 1.4 1.5

Oct 2018

3.1 6.8 1.5 1.2 1.6

Nov 2018

3.1 6.5 1.6 1.6 1.6

Dec 2018

3.2 6.3 1.6 1.3 1.7

Jan 2019

3.2 6.9 1.7 1.0 1.8

Feb 2019

3.1 6.6 1.6 1.3 1.6

Mar 2019

3.1 6.6 1.6 1.4 1.6

Apr 2019

3.1 7.0 1.6 1.3 1.7

May 2019

2.8 6.5 1.5 1.2 1.5

Jun 2019

2.8 6.9 1.6 1.3 1.6

Jul 2019

3.0 6.8 1.6 1.3 1.6

Aug 2019

2.9 6.9 1.9 2.4 1.8

Sep 2019

3.1 7.0 1.6 1.4 1.6

Oct 2019

3.0 6.7 1.6 1.5 1.7

Nov 2019

3.0 6.5 1.7 1.9 1.7

Dec 2019

3.0 6.9 1.6 1.4 1.6

Jan 2020

3.3 6.7 1.7 1.8 1.7

Feb 2020

3.2 6.5 1.8 1.6 1.8

Mar 2020

2.7 4.0 1.7 2.1 1.6

Apr 2020

2.4 5.2 1.0 1.5 1.0

May 2020

5.2 18.9 1.2 2.0 1.1

Jun 2020

4.0 16.9 1.3 1.5 1.2

Jul 2020

3.7 10.9 1.6 2.5 1.4

Aug 2020

3.0 7.7 2.4 9.9 1.2

Sep 2020

3.2 7.9 1.5 1.9 1.5

Oct 2020

3.2 8.4 1.6 1.6 1.6

Nov 2020

3.1 8.2 1.5 1.4 1.6

Dec 2020

3.1 6.5 1.5 1.7 1.5

Jan 2021

2.9 7.2 1.8 1.4 1.9

Feb 2021

3.1 8.5 1.5 1.3 1.5

Mar 2021

3.3 8.2 1.7 1.4 1.8

Apr 2021

3.2 9.6 1.7 1.6 1.7

May 2021

3.1 9.3 1.5 1.4 1.5

Jun 2021

3.2 8.8 1.8 1.6 1.8

Jul 2021

3.2 9.1 1.8 1.5 1.8

Aug 2021

3.3 8.5 1.7 1.6 1.7

Sep 2021

3.5 8.3 1.6 1.4 1.6

Oct 2021

3.6 7.8 1.7 1.5 1.7

Nov 2021

3.6 8.1 1.8 1.6 1.8

Dec 2021

3.5 8.0 1.8 1.5 1.9

Jan 2022

3.5 7.9 1.8 1.5 1.8

Feb 2022

3.7 7.6 1.9 1.5 1.9

Mar 2022

3.4 7.7 1.7 1.4 1.8

Apr 2022

3.7 7.5 1.8 1.4 1.9

May 2022

3.6 7.9 1.8 1.5 1.9

Jun 2022

3.6 7.6 1.8 1.3 1.9

Jul 2022

3.5 6.9 1.8 1.8 1.8

Aug 2022

3.5 7.4 1.9 1.3 2.0

Sep 2022

3.3 7.2 1.8 1.5 1.8

Oct 2022

3.3 7.4 1.7 1.5 1.8

Nov 2022

3.5 7.4 1.9 1.4 2.0

Dec 2022

3.6 6.8 2.0 1.5 2.0

Jan 2023

3.6 7.2 1.8 1.4 1.9

Feb 2023

3.5 7.1 1.7 1.6 1.7

The hires rate in education and health services fell 0.1 percentage point over the month to reach 3.5 percent in February 2023. The hires rate in trade, transportation, and utilities fell by 0.2 percentage point over the month to reach 4.4 percent. Leisure and hospitality had the highest hires rate among the major industries in February, 7.1 percent.

These data are from the Job Openings and Labor Turnover Survey and are seasonally adjusted. Data for the most recent month are preliminary. To learn more, see "Job Openings and Labor Turnover — February 2023." We also have more charts of job openings, hires, and separations data. The hires rate is the number of hires during the entire month as a percent of employment.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Hires rate at 4.0 percent in February 2023, little different from the previous month at https://www.bls.gov/opub/ted/2023/hires-rate-at-4-0-percent-in-february-2023-little-different-from-the-previous-month.htm (visited June 20, 2024).

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