U.S. flag

An official website of the United States government

Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Bureau of Labor Statistics > Geographic Information > Mid-Atlantic > News Release
News Release Information

24-2427-PHI
Thursday, November 21, 2024

Contacts Technical information: Media contact:

Virginia Job Openings and Labor Turnover — September 2024

Virginia had 244,000 job openings in September 2024, compared to 268,000 openings in August, the U.S. Bureau of Labor Statistics reported today. (See table 1.) Regional Commissioner Alexandra Hall Bovee noted that the job openings rate in Virginia was 5.4 percent in September and 5.9 percent in the previous month. (See chart 1 and table 2.) The job openings rate nationally was 4.5 percent in September and 4.7 percent in August. (See table 3.) All data in this release are seasonally adjusted.

The ratio of unemployed persons per job opening in Virginia was 0.5 in September. The ratio has been less than 1.0 in Virginia since February 2021. Nationwide, 35 states and the District of Columbia had ratios in September that were lower than the national measure of 0.9 unemployed persons per job opening; 9 states had ratios that were higher than the national ratio, and 6 states had ratios equal to the national measure. (See map 1.)

Map 1. Number of unemployed persons per job opening by state, September 2024, seasonally adjusted

(U.S. ratio = 0.9)

In September, Virginia had 165,000 hires and 147,000 separations, compared to 157,000 hires and 136,000 separations in August. (See chart 2.) Over the 12 months ending in September, hires have averaged 163,000 per month and separations have averaged 151,000 per month. These averages include workers who may have been hired and separated more than once during the year.

Among the September separations in Virginia, 94,000 were quits and 44,000 were layoffs and discharges, compared to 88,000 quits and 36,000 layoffs and discharges in August. (See chart 3.) Over the last 12 months, quits averaged 97,000 per month, ranging from 82,000 to 105,000. Layoffs and discharges have averaged 43,000 per month, ranging from 35,000 to 49,000.

The State Job Openings and Labor Turnover Survey estimates for October 2024 are scheduled to be released on Tuesday, December 17, 2024, at 10:00 a.m. (ET).


Technical Note

This news release presents statistics from the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). The JOLTS program provides information on labor demand and turnover. The state estimates produced by JOLTS are model-based, incorporating JOLTS sample, Quarterly Census of Employment and Wages (QCEW), and Current Employment Statistics (CES) estimates. For more information see the JOLTS State Estimates Methodology.

Job Openings. Job openings include all positions that are open on the last business day of the reference month. A job is open only if it meets all three of these conditions:

  • A specific position exists and there is work available for that position.
  • The job could start within 30 days.
  • The employer is actively recruiting workers from outside the establishment to fill the position.

The number of unemployed persons per job opening is a ratio of the level of unemployed persons and the level of job openings. The number of unemployed persons at the national level is an estimate from the Current Population Survey (CPS), while state-level unemployment estimates are modeled by the Local Area Unemployment Statistics (LAUS) program. A ratio of 1.0 means there is a job available for every unemployed person. Lower ratios signal tighter labor markets, where firms have more job openings than there are unemployed persons available to work. Higher ratios indicate there are more unemployed persons competing for each job opening.

Hires. Hires include all additions to the payroll during the entire reference month.

Separations. Separations include all separations from the payroll during the entire reference month and is reported by type of separation: quits, layoffs and discharges, and other separations.

  • Quits include employees who left voluntarily, except for retirements or transfers to other locations.
  • Layoffs and discharges include involuntary separations initiated by the employer.
  • Other separations include retirements, transfers to other locations, separations due to employee disability, and deaths.

Levels and rates of other separations represent a small portion of total separations and are not published with the release of state estimates.

Complete definitions, including exclusions, and additional information about the State JOLTS data presented in this release are available in the State Job Openings and Labor Turnover Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Job openings and labor turnover for Virginia, seasonally adjusted (in thousands)
Estimate September 2023 June 2024 July 2024 August 2024 September 2024(p) Change from August 2024 to September 2024(p)

Openings

 263 245 278 268 244 -24

Hires

 174 140 145 157 165 8

Total separations

 152 138 168 136 147 11

Quits

 102 82 105 88 94 6

Layoffs & discharges

 42 43 46 36 44 8

Footnotes:
(p) Preliminary.
Table 2. Job openings and labor turnover rates for Virginia, seasonally adjusted
Estimate September 2023 June 2024 July 2024 August 2024 September 2024(p) Change from August 2024 to September 2024(p)

Openings(1)

 5.9 5.4 6.1 5.9 5.4 -0.5

Hires(2)

 4.2 3.3 3.4 3.7 3.9 0.2

Total separations(3)

 3.6 3.2 4.0 3.2 3.5 0.3

Quits(3)

 2.4 1.9 2.5 2.1 2.2 0.1

Layoffs & discharges(3)

 1.0 1.0 1.1 0.8 1.0 0.2

Footnotes:
(p) Preliminary.
(1) The job openings rate is computed by dividing the number of job openings by the sum of employment and job openings and multiplying that quotient by 100.
(2) The hires rate is computed by dividing the number of hires by employment and multiplying that quotient by 100.
(3) The separations rate is computed by dividing the number of separations by employment and multiplying that quotient by 100. The quits and layoffs and discharges rates are computed similarly.
Table 3. Job openings and labor turnover rates for the United States, seasonally adjusted
Estimate September 2023 June 2024 July 2024 August 2024 September 2024(p) Change from August 2024 to September 2024(p)

Openings(1)

 5.6 4.8 4.6 4.7 4.5 -0.2

Hires(2)

 3.7 3.3 3.4 3.4 3.5 0.1

Total separations(3)

 3.5 3.2 3.4 3.3 3.3 0.0

Quits(3)

 2.3 2.0 2.0 2.0 1.9 -0.1

Layoffs & discharges(3)

 1.0 1.0 1.1 1.0 1.2 0.2

Footnotes:
(p) Preliminary.
(1) The job openings rate is computed by dividing the number of job openings by the sum of employment and job openings and multiplying that quotient by 100.
(2) The hires rate is computed by dividing the number of hires by employment and multiplying that quotient by 100.
(3) The separations rate is computed by dividing the number of separations by employment and multiplying that quotient by 100. The quits and layoffs and discharges rates are computed similarly.

 

Last Modified Date: Thursday, November 21, 2024