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Job Openings and Labor Turnover – August 2022
The number of job openings decreased to 10.1 million on the last business day of August, the U.S. Bureau of Labor Statistics reported today. Hires and total separations were little changed at 6.3 million and 6.0 million, respectively. Within separations, quits (4.2 million) and layoffs and discharges (1.5 million) were little changed. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job Openings On the last business day of August, the number and rate of job openings decreased to 10.1 million (-1.1 ... (full story)
Added at 10:02am
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2nd biggest JOLTS drop on record. Only global covid lockdown in April 2020 was worse
— zerohedge (@zerohedge) October 4, 2022
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