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Tuesday, October 12, 2021

Job Openings 10.439M in August, below consensus

  • 10.439M August Job Openings vs. 10.925M consensus and 11.098M prior (revised from 10.934).
  • Quits rate was 2.9% vs. prior 2.7% while the layoffs and discharges rate was little changed at 0.9%.
  • Job openings rate -6.6%, below prior rate of 6.9% in July.
  • Job openings decreased in several industries with the largest decreases in health care and social assistance -224K; accommodation and food services -178K; state and local government education -124K.
  • Job openings increased in federal government +22K.
  • The number of job openings increased in the Northeast and Midwest regions.

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