USA: the number of vacancies and labor turnover fell more than expected in August



Review the job openings and labor turnover (JOLTS) published by the Bureau of labor statistics of the United States, showed that in August the number of vacancies decreased to 6,082 million meanwhile, the figure for July was revised downwards – to 6.14 million with 6.17 million (a record high). Analysts had expected the number of vacancies reduced to 6,125 million, a vacancy rate was 4.0 percent, unchanged compared to July. The number of job openings was little changed in the private sector and government segment. As for industries, the number of job openings rose in health care and social assistance (+71 000) and in the manufacturing of durable goods (+31 000). The reduction in vacancies was recorded in the sector of other services (-95 000) educational services (-51 000) and manufacturing-durable goods (-48 000).

In addition, it became known that in August, the employment amounted to 5,430 million against 5,521 million in July. The level of employment in August declined by 0.1 percent to 3.7 percent. Employment was little changed in the private sector and government sector. If you evaluate in terms of industries, employment changed little in all sectors.

As for layoffs, their number amounted to 2,957 million, compared with 3,023 million in July. The level of redundancies fell by 0.1 percent compared to July and amounted to 2.1 percent. The number of layoffs was little changed in the private sector and government sector. In terms of sectors, the number of layoffs declined in the information sector (-14 000) and mining (-6 000).

Information-analytical Department Forex club




USA: the number of vacancies and labor turnover fell more than expected in August 11.10.2017

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