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https://www.bls.gov/news.release/jolts.nr0.htm https://www.bls.gov/news.release/jolts.nr0.htm: > The number of job openings fell to 6.8 million (-561,000) on t
by conistonwater 7y ago
https://www.bls.gov/news.release/jolts.nr0.htm https://www.bls.gov/news.release/jolts.nr0.htm:
> The number of job openings fell to 6.8 million (-561,000) on the last business day of November, the
U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little
changed at 5.8 million and 5.6 million, respectively. Within separations, the quits rate was unchanged at
2.3 percent and the layoffs and discharges rate was little changed at 1.1 percent. This release includes
estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by
industry and by four geographic regions.
- johnward 7y agoIf I read this correctly it suggests that these weren't jobs filled by unemployed people. More like they are no longer needed.
- CameronNemo 7y agoTrying to glean rationale of a large and diverse group of firms is difficult. I'm not sure I can arrive to that conclusion so easily. Can you explain your reasoning further? I am quite curious.
- johnward 7y agoI didn't do some kind of deep analysis. I just saw that separations rates were unchanged. I Googled the unemployment rate at the same time and it's unchanged. So I made some assumption, possibly not a very good one, that those jobs were not filled by employed or unemployed people.