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Job Openings Tick Up By 57k, Nothing To Get Excited About

Tell us something we don’t know: In September, the job openings rate was 1.9 percent, little changed from August, the Bureau of Labor Statistics (BLS) reported today in its Job Openings & Labor Turnover Survey (JOLTS).

This amounts to 2.5 million open positions, or about 57,000 more than August, which is, of course, nothing significant.
jolts_openings_sept09.png
Education & health, hospitality, manufacturing, and professional and business services all showed month-over-month growth but no sector’s openings grew year over year. The hires and quits rate—measures of how willing employers are to take on new employees, and of how able employees feel they are able to change jobs— were both little changed and remained low. Translation: It’s not pretty out there.

jolts_hires_quits_sept09.png
Related: The Only Change In Job Openings In August: Color
U.S. Gov’t 1984′ing Our Job Stats?

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