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by Calculated Threat on 12/09/2025 10:00:00 AM
From the BLS: Job Openings and Labor Turnover Abstract
The variety of job openings was unchanged at 7.7 million in October, the U.S. Bureau of Labor
Statistics reported immediately. Over the month, each hires and complete separations have been little modified at 5.1
million. Inside separations, each quits (2.9 million) and layoffs and discharges (1.9 million) have been little
modified.
emphasis added
The next graph reveals job openings (black line), hires (darkish blue), Layoff, Discharges and different (crimson column), and Quits (gentle blue column) from the JOLTS.
This sequence began in December 2000.
Notice: The distinction between JOLTS hires and separations is just like the CES (payroll survey) internet jobs headline numbers. This report is for October; the employment report back to be launched this coming Tuesday might be for November.
Click on on graph for bigger picture.
Notice that hires (darkish blue) and complete separations (crimson and lightweight blue columns stacked) are often fairly shut every month. It is a measure of labor market turnover. When the blue line is above the 2 stacked columns, the economic system is including internet jobs – when it’s beneath the columns, the economic system is shedding jobs.
The spike in layoffs and discharges in March 2020 is labeled, however off the chart to higher present the same old information.
Jobs openings elevated in October to 7.67 million from 7.66 million in September.
Quits have been down 9% year-over-year. These are voluntary separations. (See gentle blue columns at backside of graph for development for “quits”).
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