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JOB OPENINGS AND LABOR TURNOVER: MAY 2007

On the last business day of May, there were 4.2 million job openings in
the United States, and the job openings rate was 2.9 percent, the Bureau of
Labor Statistics of the U.S. Department of Labor reported today. The job
openings rate was unchanged in May, and the hires and total separations
rates were essentially unchanged. This release includes estimates of the
number and rate of job openings, hires, and separations for the total non-
farm sector by industry and geographic region.


Job Openings

In May, the job openings rate was unchanged at 2.9 percent. Job openings
include only those jobs still open on the last business day of the month.
The job openings rate rose over the month in the accommodations and food ser-
vices industry. None of the regions experienced a significant over-the-month
change in the job openings rate. The seasonally adjusted job openings rate
was highest in May for the following industries: accommodations and food ser-
vices (4.2 percent), professional and business services (3.7 percent), and
education and health services (3.7 percent). (See table 1.)

Over the year, the job openings rate increased in construction; nondurable
goods manufacturing; health care and social assistance; and accommodations and
food services. The rate decreased in wholesale trade and retail trade. The
job openings rate did not change significantly over the year in any of the
regions. (See table 5.)

Hires

The hires rate was little changed at 3.6 percent in May. Hires are any
additions to the payroll during the month. In May, there were no significant
increases or decreases in the hires rate for any of the industries or regions.
The seasonally adjusted hires rate was highest in May in accommodations and
food services (6.9 percent). (See table 2.)

From May 2006 to May 2007, the hires rate rose in finance and insurance;
accommodations and food services; and federal government. The hires rate
fell in durable goods manufacturing; information; professional and business
services; and health care and social assistance. The hires rate decreased
over the year in the Northeast region. (See table 6.)

Separations

The total separations, or turnover, rate was little changed at 3.2 percent
in May. Separations are terminations of employment that occur at any time
during the month. Over the month, none of the industries or regions experi-
enced a significant change in the separations rate. From May 2006 to May 2007,
the total separations rate increased in natural resources and mining and in
federal government. The total separations rate decreased in construction; trade,
transportation, and utilities; professional and business services; educational
services; and state and local government. Geographically, the total separations
rate fell over the year in both the Northeast and Midwest regions. (See tables
3 and 7.)

For More Information

For additional information, please read the Technical Note or visit the
JOLTS Web site at http://www.bls.gov/jlt/. Additional information about
JOLTS also may be obtained by e-mailing [email protected] or by calling
(202) 691-5870.


______________________________


The Job Openings and Labor Turnover release for June 2007 is scheduled
to be issued on Wednesday, August 8.