Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Job Openings, Labor Turnover Little Changed in October

Job openings, the hires rate, and the separations rate remained steady in October, according to a U.S. Department of Labor report [link opens in PDF] released today.

The number of job openings on the last day of October was 3.68 million, compared to 3.55 million in September. In October 2011, there were 3.4 million openings, or 7.8% less than this year .

The job openings rate, a measure of openings relative to total employment, also remained relatively unchanged at 2.7%, up 0.1 percentage points from September.

Labor turnover is collectively defined as hires and separations rates. For October 2012, the rates were 3.2% and 3.1%, respectively, reflecting a slight gain in employment (as represented by these numbers ).

Source: U.S. Department of Labor 

The Labor Department noted in its report that data for certain regions were estimated due to surveying barriers resulting from Hurricane Sandy. The Department will continue to add surveys to this month's dataset as they become available.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2148751, ~/Articles/ArticleHandler.aspx, 10/23/2016 6:50:11 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,145.71 -16.64 -0.09%
S&P 500 2,141.16 -0.18 -0.01%
NASD 5,257.40 15.57 0.30%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes