Economy
Related: About this forumBLS Report: May job openings, hires, and total separations change little
People come; people go.
This is JOLTS, the Job Openings and Labor Turnover Survey. It used to come out a few days after the monthly payroll employment report, but now it seems to run on its own schedule.
The number of quits indicates how confident people are of finding another job if they leave the one they have.
The number of job openings was little changed at 7.8 million in May, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.5 million and 5.2 million, respectively. Within separations, quits (3.3 million) and layoffs and discharges (1.6 million) changed little.
Economic News Release USDL-25-1087
Job Openings and Labor Turnover Summary
For release 10:00 a.m. (ET) Tuesday, July 1, 2025
Technical information: (202) 691-5870 JoltsInfo@bls.gov www.bls.gov/jlt
Media contact: (202) 691-5902 PressOffice@bls.gov
JOB OPENINGS AND LABOR TURNOVER MAY 2025
The number of job openings was little changed at 7.8 million in May, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.5 million and 5.2 million, respectively. Within separations, quits (3.3 million) and layoffs and discharges (1.6 million) changed little.
This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job openings include all positions that are open on the last business day of the month. Hires and separations include all changes to the payroll during the entire month.
Job Openings
The number and rate of job openings were little changed at 7.8 million and 4.6 percent, respectively, in May. The number of job openings increased in accommodation and food services (+314,000) and in finance and insurance (+91,000). The number of job openings decreased in federal government (-39,000). (See table 1.)
Hires
In May, the number and rate of hires were little changed at 5.5 million and 3.4 percent, respectively. The number of hires decreased in federal government (-11,000). (See table 2.)
Separations
Total separations include quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations include separations due to retirement, death, disability, and transfers to other locations of the same firm.
The number of total separations in May was little changed at 5.2 million. The total separations rate remained unchanged for the fifth month in a row at 3.3 percent. Total separations decreased in finance and insurance (-42,000). (See table 3.)
In May, the number and rate of quits were little changed at 3.3 million and 2.1 percent, respectively. The number of quits was little changed in all industries in May. (See table 4.)
In May, the number and rate of layoffs and discharges were little changed at 1.6 million and 1.0 percent, respectively. Layoffs and discharges decreased in finance and insurance (-47,000). (See table 5.)
The number of other separations was little changed at 349,000 in May. (See table 6.)
Establishment Size Class
In May, the layoffs and discharges rate decreased for establishments with 1 to 9 employees, while the job openings, hires, quits, and total separations rates showed little change. For establishments with 5,000 or more employees, all rates showed little or no change. (See table 7.)
April 2025 Revisions
The number of job openings for April was revised up by 4,000 to 7.4 million, the number of hires was revised up by 42,000 to 5.6 million, and the number of total separations was revised up by 25,000 to 5.3 million. Within separations, the number of quits was revised up by 21,000 to 3.2 million, and the number of layoffs and discharges was revised up by 3,000 to 1.8 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.)
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The Job Openings and Labor Turnover Survey estimates for June 2025 are scheduled to be released on Tuesday, July 29, 2025, at 10:00 a.m. (ET).
{snip a bunch of tables}
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Some previous reports. I don't post them every month anymore.
Tue Jun 3, 2025: BLS Report: April job openings, hires, and total separations change little
Wed Apr 30, 2025: BLS Report: March job openings and total separations change little; hires unchanged
Tue Apr 1, 2025: BLS Report: February job openings change little; hires and total separations are unchanged
Tue Apr 1, 2025: Job Openings and Labor Turnover -- February 2025 (in LBN)
Tue Mar 11, 2025: January job openings and total separations change little; hires unchanged
Tue Feb 4, 2025: BLS Report: December job openings decrease; hires and total separations change little
Tue Jan 7, 2025: BLS Report: November job openings, hires, and total separations change little; quits decrease
Tue Jan 7, 2025: US job openings inch higher as hiring, quitting rates drop amid broader labor slowdown (in LBN)
Tue Dec 3, 2024, 01:21 PM: Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Tue Dec 3, 2024, 10:03 AM: BLS Report: October job openings, hires, and total separations change little; quits increase
Tue Oct 29, 2024, 01:09 PM: BLS Report: September job openings and hires change little; total separations unchanged
Tue Oct 29, 2024, 12:24 PM: Consumer confidence surges as election nears, while job openings move lower
Tue Oct 1, 2024: BLS Report: August job openings, hires, and total separations change little; quits trend down
Tue Oct 1, 2024: US job openings rise to 8 million as labor market remains sturdy (in LBN)
Wed Sep 4, 2024, 12:07 PM: US job openings fall as demand for workers weakens (in LBN)
Wed Sep 4, 2024, 10:22 AM: BLS Report: July job openings and hires change little; total separations increase
Tue Jul 30, 2024: JOLTS - Job Opening & Labor Turnover - nice graph of Openings and Quits. A slight decline in labor mkt conditions
Tue Jul 2, 2024: BLS Report: May job openings, hires, and total separations change little
Wed Jun 5, 2024: BLS Report: April job openings, hires, and total separations change little
Wed May 1, 2024: BLS Report: March job openings and hires change little; total separations decrease
Wed May 1, 2024, 12:28 PM: US job openings fall to 8.5 million in March, the lowest level in more than 3 years (in LBN)
Tue Apr 2, 2024, 03:39 PM: BLS Report: February job openings, hires, and total separations change little
Tue Apr 2, 2024, 03:22 PM: Job openings data shows US labor market remains 'quite healthy' (in LBN)
{snip the rest}
Related:
Wed Jan 27, 2021: BLS Report: Gross job losses 20.4 million and gross job gains 5.7 million in the 2nd quarter of 2020

progree
(12,085 posts)Job openings increased from 7.39M last month to 7.76M, which was a surprise (7.3 M was expected).
https://finance.yahoo.com/news/job-openings-hit-highest-level-since-november-2024-144025969.html
but this wasn't so good: 5.5 million hires were made during the month, down from the 5.61 million made during April. The hiring rate ticked lower to 3.4% from the 3.5%.
In one sign that workers remain cautious about labor market conditions, the quits rate, a sign of confidence among workers, moved up to 2.1% from 2% in April. (An increase in quit rates is considered a good sign for the jobs market, but this slight bump-up was insignificant).
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Investopedia - https://finance.yahoo.com/news/job-openings-rise-again-may-165219486.html
Additionally, employers reported fewer layoffs in May
The data also showed that cooling trade tensions with China in May helped employers with their hiring decisions, especially in industries like transportation, warehousing and manufacturing that are more directly impacted by tariffs. The trade détente helped reinvigorate small business confidence over the month and may have contributed to the better-than-expected increase in job openings, wrote Wells Fargo economists Sarah House and Nicole Cervi.