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BLS: Job openings, new hires little changed in September

There were 2.9 million job openings on the last day of September, according to the Job Openings and Labor Turnover Survey (JOLTS). The November 9, 2010, report, produced by the Bureau of Labor Statistics (BLS), provides monthly estimates for job openings, hires, quits, and layoffs.

At 2.2 percent in September, the job openings rate didn't change much from the previous month, said the BLS. However, on a yearly basis, the number of job openings increased by 25 percent from the series trough in July 2009. Despite those gains, job openings remain well below the 4.4 million reported at the onset of the recession in December 2007. Meanwhile, hires and separations rates stayed the same, both at 3.2 percent in September, said the report.

Read about the JOLTS survey and what it says about the southeastern economy in particular in "Employment Survey Delivers JOLTS," featured in the first-quarter 2010 issue of EconSouth. To learn more about this month's JOLTS data, replay the live question-and-answer chat session hosted by the BLS.