U.S. Bureau of Labor Statistics Job Opening and Labor Turnover Survey for April 2021
JOB OPENINGS AND LABOR TURNOVER – APRIL 2021
The U.S. Bureau of Labor Statistics (BLS) today (6-8-21) reported its Job Opening and Labor Turnover Survey (JOLTS) for April 2021. According to the JOLTS report, as of the last business day in April, the number and rate of job openings reached a series high of 9.3 million (+998,000) or +6.0%. Hires were little changed at 6.1 million or +4.2%. Total separations increased in April, to 5.8 million (+324,000) 4.0%. Within separations, the quit rate was unchanged at 2.4%, while the layoffs and discharges rate decreased to a series low of 1.0%. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by four geographic regions. Over the 12 months ending in April, hires totaled 75.4 million and separations totaled 64.0 million, yielding a net employment gain of +11.3 million. These totals include workers who may have been hired and separated more than once during the year.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.