JOLTS Report – April 2019

 

JOLTS report February 2019April 9, 2019

The JOLTS report (Job Openings and Labor Turnover Summary) from the Bureau of Labor Statistics is a snapshot of job openings and hiring.

The latest JOLTS report was published on April 9, 2019 and covers February 2019.

 

Job Openings

 

Job openings fell to 7.1 million (4.5%) in February, down from a high of 7.3 million jobs in December 2018.

Job opening increases and decreases:

  • Transportation, Warehousing, and Utilities: -66,000
  • Construction: -27,000
  • Manufacturing: +19,000
  • Retail trade: -41,000

 

Hires

 

The hires rate changed little in February 2019, reaching 5.7 million – or a rate of 3.8%.

Job opening increases and decreases:

  • Transportation, Warehousing, and Utilities: +40,000
  • Construction: -73,000
  • Manufacturing: -28,000
  • Retail trade: +19,000

 

Separations (Turnover)

 

The number of quits, layoffs and discharges, and other separations changed little in February, reaching 5.6 million, or 3.7%.

Quits (voluntary separations, initiated by the employee)

The quits rate in February was 3.5 million – or a rate of 2.3%.

  • Transportation, Warehousing, and Utilities: +21,000
  • Construction: +1,000
  • Manufacturing: -3,000
  • Retail trade: -11,000

 

Layoffs & Discharges (involuntary separations, initiated by the employer

The number of layoffs and discharges in February was 1.7 million, or a rate of 1.2%.

  • Transportation, Warehousing, and Utilities: +8,000
  • Construction: -10,000
  • Manufacturing: -9,000
  • Retail trade: +6,000

 

Sources: Bureau of Labor Statistics

 

 


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