- Prior month 8.140M revised to 8.23M
- Job openings 8.184M. That is down -941,000 over the year. The job opening rate held at 4.9% in June
- accommodations and food services +120K
- state and local government excluding education +94K.
- Durable goods manufacturing -88K
- federal government -62K
- Vacancy rate of 4.9% versus 4.9% previously
- Quits rate 2.1% versus 2.1% previously (revised from 2.2%). The quits rate was down 434,000 over the year.
- Construction -64k
- state and local government education -55k
- Separations rate 3.2% little change from last month
- state and local government -51K.
- Arts entertainment and recreation -39k
- Hires rate 3.6% at 5.3 million. Versus a year ago, the hires are down 554,000
Job openings rising is positive for employment. THe quits rate remaining steady is also steady.
The chart below shows the number of unemployed persons per job opening is at 0.8. Although off lows, it remains near lows.
This article was written by Greg Michalowski at www.forexlive.com.
