2013 Economic Calendar
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Released On 11/22/2013 10:00:00 AM For Sep, 2013
PriorConsensusConsensus RangeActual
Job Openings3.883 M3.830 M3.800 M to 3.915 M3.913 M

There were 3.913 million job openings in September, little changed from 3.8.44 million in August. The number of job openings decreased in arts, entertainment, and recreation and was little changed in all remaining industries and in all four regions.

The number of hires in September was 4.585 million, essentially unchanged from 4.559 million in August. The number of hires was little changed for total private and government, as well as for all industries and all four regions.

There were 4.426 million total separations in September, little changed from 4.405 million in August. The number of total separations for total private and government were little changed.

Consensus Outlook
The Labor Department's Job Openings and Labor Turnover Survey showed that they were 3.883 million job openings on the last business day of August, up from July at a revised 3.808 million. The job openings rate improved slightly to 2.8 percent from 2.7 percent in July. The hires rate was unchanged at 3.3 percent in August while the separations rate edged up to 3.2 percent from 3.1 percent in July. These series are somewhat volatile on a monthly basis. The average monthly change over the last three months is down 8,000 for openings, down 1,000 for hires, and down 2,000 for separations.

The Labor Department's JOLTS report tracks monthly change in job openings and offers rates on hiring and quits. The reporting period lags other employment data including the employment situation report. The word JOLTS stands for Job Openings and Labor Turnover Survey.  Why Investors Care
The Job Openings and Labor Turnover Survey provides a different angle to labor market conditions. The key numbers are job openings, hires, and total separations.
Data Source: Haver Analytics

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