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23-1852-SAN
Wednesday, August 23, 2023
Alaska had 28,000 job openings in June 2023, compared to 27,000 openings in May, the U.S. Bureau of Labor Statistics reported today. (See table 1.) Regional Commissioner Chris Rosenlund noted that the job openings rate in Alaska was 7.9 percent in June and 7.7 percent in the previous month. (See chart 1 and table 2.) The job openings rate nationally was 5.8 percent in June, unchanged from May. (See table 3.)
The ratio of unemployed persons per job opening in Alaska was 0.5 in June. Nationwide, 32 states and the District of Columbia had ratios in June that were lower than the national measure of 0.6 unemployed persons per job opening; 12 states had ratios that were higher than the national ratio, and 6 states had ratios equal to the national measure. (See map 1.)
In June, Alaska had 18,000 hires and 15,000 separations, compared to 21,000 hires and 17,000 separations in May. (See chart 2.) Over the 12 months ending in June, hires have averaged 20,000 per month and separations have averaged 21,000 per month. These averages include workers who may have been hired and separated more than once during the year.
Among the June separations in Alaska, 10,000 were quits and 5,000 were layoffs and discharges, compared to 11,000 quits and 4,000 layoffs and discharges in May. (See chart 3.) Over the last 12 months, quits averaged 13,000 per month, ranging from 10,000 to 18,000. Layoffs and discharges have averaged 7,000 per month, ranging from 4,000 to 12,000.
The State Job Openings and Labor Turnover Survey estimates for July 2023 are scheduled to be released on Tuesday, September 19, 2023, 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 | June 2022 | March 2023 | April 2023 | May 2023 | June 2023(p) | Change from May 2023 to June 2023(p) |
---|---|---|---|---|---|---|
Openings | 30 | 26 | 28 | 27 | 28 | 1 |
Hires | 21 | 20 | 18 | 21 | 18 | -3 |
Total separations | 18 | 19 | 26 | 17 | 15 | -2 |
Quits | 12 | 11 | 11 | 11 | 10 | -1 |
Layoffs & discharges | 5 | 6 | 12 | 4 | 5 | 1 |
Estimate | June 2022 | March 2023 | April 2023 | May 2023 | June 2023(p) | Change from May 2023 to June 2023(p) |
---|---|---|---|---|---|---|
Openings(1) | 8.6 | 7.4 | 7.9 | 7.7 | 7.9 | 0.2 |
Hires(2) | 6.6 | 6.2 | 5.5 | 6.5 | 5.5 | -1.0 |
Total separations(3) | 5.7 | 5.9 | 8.0 | 5.2 | 4.6 | -0.6 |
Quits(3) | 3.8 | 3.4 | 3.4 | 3.4 | 3.0 | -0.4 |
Layoffs & discharges(3) | 1.6 | 1.8 | 3.7 | 1.2 | 1.5 | 0.3 |
Footnotes: |
Estimate | June 2022 | March 2023 | April 2023 | May 2023 | June 2023(p) | Change from May 2023 to June 2023(p) |
---|---|---|---|---|---|---|
Openings(1) | 6.7 | 5.9 | 6.2 | 5.8 | 5.8 | 0.0 |
Hires(2) | 4.2 | 3.9 | 3.9 | 4.0 | 3.8 | -0.2 |
Total separations(3) | 3.9 | 3.9 | 3.6 | 3.8 | 3.6 | -0.2 |
Quits(3) | 2.7 | 2.5 | 2.4 | 2.6 | 2.4 | -0.2 |
Layoffs & discharges(3) | 1.0 | 1.2 | 1.0 | 1.0 | 1.0 | 0.0 |
Footnotes: |
Last Modified Date: Wednesday, August 23, 2023