Job openings and labor turnover survey for August
The prior month was revised lower to 5.668M vs 5.753M.. A year ago the job openings were lower at 4.925M
Hirings totaled 5.078M in August vs 5.065M in July. A year ago the hirings were 4.792M.
Other details:
- Separations rose to 4.846M.
- Quitters rose to 2.741 vs 2.737 last month. A year ago they stood at 2.516M
It is thought the higher the number of quitters is an indication of a better job market as workers are confident in finding or getting another job elsewhere.
Although the amount of job openings fell, the number of job openings remains near record high levels.
