Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Job Openings At 3.9 Million At End Of August

WASHINGTON (UPI) — There were 3.9 million U.S. job openings at the end of August, up 75,000 from July, the Bureau of Labor Statistics said Thursday.

There were 119,000 more job openings due to revisions of earlier data, the Economic Policy Institute said, noting the ratio of job seekers-to-job openings fell below 3-to-1 for the first time in nearly five years in August.

“Though August was the first time the ratio of job seekers to job openings fell below 3.0-to-1 in nearly 5 years, this ratio of 2.9-to-1 matches the highest the ratio ever got in the early 2000s downturn,” the Institute said in a statement.

The Labor Statistics Bureau said the hires rate, 3.3 percent, and the separations rate, 3.2 percent, were little changed July to August.

There were 4.5 million hires and 4.4 million job separations in August — including quits, layoffs, discharges and other reasons jobs end. The total of separations is also referred to as turnover.

The quits rate was little changed in August at 1.7 percent, including 2 percent in the private sector and 0.6 percent in the public sector.

There was an increase in quits in retail trade jobs, but little change in other industries, the bureau said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Job Openings At 3.9 Million At End Of August”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.