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Friday, December 20, 2024
Mississippi had 76,000 job openings in October 2024, compared to 54,000 openings in September, the U.S. Bureau of Labor Statistics reported today. (See table 1.) Regional Commissioner Victoria G. Lee noted that the job openings rate in Mississippi was 6.0 percent in October and 4.3 percent in the previous month. (See chart 1 and table 2.) The job openings rate nationally was 4.6 percent in October and 4.4 percent in September. (See table 3.) All data in this release are seasonally adjusted.
The ratio of unemployed persons per job opening in Mississippi was 0.5 in October. Nationwide, 36 states and the District of Columbia had ratios in October that were lower than the national ratio of 0.9 unemployed persons per job opening; 11 states had ratios that were higher than the national ratio, and 3 states had ratios equal to the national measure. (See map 1.)
In October, Mississippi had 51,000 hires and 47,000 separations, compared to 45,000 hires and 45,000 separations in September. (See chart 2.) Over the 12 months ending in October, hires have averaged 48,000 per month and separations have averaged 47,000 per month. These averages include workers who may have been hired and separated more than once during the year.
Among the October separations in Mississippi, 30,000 were quits and 14,000 were layoffs and discharges, compared to 30,000 quits and 12,000 layoffs and discharges in September. (See chart 3.) Over the last 12 months, quits averaged 31,000 per month, ranging from 27,000 to 35,000. Layoffs and discharges have averaged 13,000 per month, ranging from 12,000 to 14,000.
State Job Openings and Labor Turnover Survey estimates for November 2024 are scheduled to be released on Friday, January 17, 2025, at 10:00 a.m. (ET).
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:
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.
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.
Estimate | October 2023 | July 2024 | August 2024 | September 2024 | October 2024(p) | Change from September 2024 to October 2024(p) |
---|---|---|---|---|---|---|
Openings |
83 | 74 | 65 | 54 | 76 | 22 |
Hires |
48 | 47 | 45 | 45 | 51 | 6 |
Total separations |
54 | 51 | 43 | 45 | 47 | 2 |
Quits |
37 | 35 | 27 | 30 | 30 | 0 |
Layoffs & discharges |
13 | 13 | 12 | 12 | 14 | 2 |
Estimate | October 2023 | July 2024 | August 2024 | September 2024 | October 2024(p) | Change from September 2024 to October 2024(p) |
---|---|---|---|---|---|---|
Openings(1) |
6.5 | 5.8 | 5.2 | 4.3 | 6.0 | 1.7 |
Hires(2) |
4.0 | 3.9 | 3.8 | 3.8 | 4.3 | 0.5 |
Total separations(3) |
4.6 | 4.3 | 3.6 | 3.8 | 3.9 | 0.1 |
Quits(3) |
3.1 | 2.9 | 2.3 | 2.5 | 2.5 | 0.0 |
Layoffs & discharges(3) |
1.1 | 1.1 | 1.0 | 1.0 | 1.2 | 0.2 |
Footnotes: |
Estimate | October 2023 | July 2024 | August 2024 | September 2024 | October 2024(p) | Change from September 2024 to October 2024(p) |
---|---|---|---|---|---|---|
Openings(1) |
5.2 | 4.6 | 4.7 | 4.4 | 4.6 | 0.2 |
Hires(2) |
3.7 | 3.4 | 3.4 | 3.5 | 3.3 | -0.2 |
Total separations(3) |
3.6 | 3.4 | 3.3 | 3.3 | 3.3 | 0.0 |
Quits(3) |
2.3 | 2.0 | 2.0 | 1.9 | 2.1 | 0.2 |
Layoffs & discharges(3) |
1.1 | 1.1 | 1.0 | 1.1 | 1.0 | -0.1 |
Footnotes: |
Last Modified Date: Friday, December 20, 2024