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Job Openings Climb in January as Hires Decline

February 1, 2022 by Forex Winner Leave a Comment

Job Openings Climb in January as Hires Decline

Source: Bureau of Labor Statistics

There were more job openings at the close of 2021, with fewer hires recorded in the last month of the year.

  • Job openings for the month stood at 10.925 million, higher than the 10.775 million in November and the 6.752 million in December 2020.
  • The rate for the month was unchanged at 6.8% from November but higher than the 4.5% recorded the same month the previous year.
  • Total private openings stood at 9.882 million, while government openings increased to 1.042 million.
  • Hires for the month fell to 6.263 million from 6.596 million in November, with the hires rate down to 4.2% from 4.4% the previous month and up from 3.8%.
  • Total separations were recorded at 5.900 million, down from 6.205 million in November and 5.582 million in December 2020.
  • The separation rate fell to 4.0% from 4.2% in November but up 3.9% from the previous year.
  • Hires for the year totaled 75.3 million, while separations totaled 68.9 million, bringing the net employment gain to 6.4 million.

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