US job openings posted a slight drop in September, even as separation increased while hires decreased during the period.
Source: Bureau of Labor Statistics
Total job openings for the month stood at 10.428 million, up from the 10.629 million the previous month and 6.611 million the same month last year. The latest figure reflected a rate of 6.6%.
Increases were recorded in openings for health care and social assistance, state and local government excluding education, and wholesale trade while declines were seen in state and local government education, other services, real estate and rental and leasing, and educational services.
Hires for the month stood at 6.459 million, lower than the 6.497 million in August but higher than the 5.932 million in September 2020. Declines were seen in state and local government education, and educational services.
Total separations increased to 6.218 million from 6.032 million in August and 5.235 million a year ago. Quits jumped to a series high of 4.4 million, and layoffs and discharges at 1.4 million.
Net employment for the 12 months to September stood at a gain of 5.6 million.