US Job Openings Down 6-27-24

The Jobs Opening Rate fell to 4.80% in April 2024.

US Job Openings Rate: Total Nonfarm is at 4.80%, compared to 5.00% last month and 6.00% last year. This is higher than the long term average of 3.61%.

https://ycharts.com/indicators/us_job_openings_rate_total_nonfarm#:~:text=US%20Job%20Openings%20Rate%3A%20Total%20Nonfarm%20is%20at%204.80%25%2C,long%20term%20average%20of%203.61%25.

Job Openings 

On the last business day of April, the number of job openings changed little at 8.1 million; this measure was down by 1.8 million over the year. The rate was little changed at 4.8 percent in April. Job openings decreased in health care and social assistance (-204,000) and in state and local government education (-59,000) but increased in private educational services (+50,000). (See table 1.)

March 2024 Revisions: The number of job openings for March was revised

down by 133,000 to 8.4 million, the number of hires was revised up by

117,000 to 5.6 million, and the number of total separations was revised

up by 130,000 to 5.3 million. Within separations, the number of quits

was revised up by 80,000 to 3.4 million and the number of layoffs and

discharges was revised up by 75,000 to 1.6 million. (Monthly revisions

result from additional reports received from businesses and government

agencies since the last published  estimates and from the recalculation

of seasonal factors.)

https://www.bls.gov/news.release/jolts.nr0.htm

Comments

65% of our 12 million Illegal migrants are working for cash and receiving welfare. 2 million students are available to work from June to August 2024 and these students are finding jobs away from illegal migrant locations. Revisions to the May 2024 BLS jobs report will be available in July 2024.

Norb Leahy, Dunwoody GA Tea Party Leader