Showing posts with label Bureau of Labor Statistics. Show all posts
Showing posts with label Bureau of Labor Statistics. Show all posts

Monday, September 12, 2016

Job Openings and Labor Turnover – July, 2016: Job openings increased to 5.9 million



The number of job openings increased to 5.9 million on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.2 million and 4.9 million, respectively. Within separations, the quits rate was 2.1 percent and the layoffs and discharges rate was 1.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Saturday, August 13, 2016

Job Openings and Labor Turnover Summary – June, 2016



Job openings little changed at 5.6 million in June; hires and separations little changed

There were 5.6 million job openings on the last business day of June, little changed from May. Hires (5.1 million) and separations (4.9 million) were also little changed. The quits rate was 2.0 percent and the layoffs and discharges rate was 1.1 percent.

The number of job openings was little changed at 5.6 million on the last business day of June, the U.S. Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.1 million and 4.9 million, respectively. Within separations, the quits rate was 2.0 percent and the layoffs and discharges rate was 1.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Job Openings

Monday, August 8, 2016

Job Openings and Labor Turnover – May, 2016



Job openings decreased to 5.5 million in May; hires and separations little changed

The number of job openings decreased to 5.5 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today. Hires and separations were both little changed at 5.0 million. Within separations, the quits rate was 2.0 percent and the layoffs and discharges rate was 1.2 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Census of Fatal Occupational Injuries Summary, 2014



NATIONAL CENSUS OF FATAL OCCUPATIONAL INJURIES IN 2014
(PRELIMINARY RESULTS)

A preliminary total of 4,679 fatal work injuries were recorded in the United States in 2014, an increase of 2 percent over the revised count of 4,585 fatal work injuries in 2013, according to results from the Census of Fatal Occupational Injuries (CFOI) conducted by the U.S. Bureau of Labor Statistics. The preliminary rate of fatal work injury for U.S. workers in 2014 was 3.3 per 100,000 full-time equivalent (FTE) workers; the revised rate for 2013 was also 3.3.

Revised 2014 data from CFOI will be released in the late spring of 2016. Over the last 5 years, net increases to the preliminary count have averaged 173 cases, ranging from a low of 84 in 2011 (up 2 percent) to a high of 245 in 2012 (up 6 percent).

Key preliminary findings of the 2014 Census of Fatal Occupational Injuries:

Saturday, July 30, 2016

EMPLOYMENT COST INDEX - JUNE 2016: Compensation costs for private industry workers increased 2.4 percent over the year, higher than the June 2015 increase of 1.9 percent. Wages and salaries increased 2.6 percent for the current 12-month period.



Compensation costs for civilian workers increased 0.6 percent, seasonally adjusted, for the 3-month period ending in June 2016, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.6 percent, and benefits (which make up the remaining 30 percent of compensation) increased 0.5 percent. (See chart 1 and tables A, 1, 2, and 3.)

Saturday, July 16, 2016

Real Earnings – June, 2016



 All employees



Real average hourly earnings for all employees decreased 0.2 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1-percent increase in average hourly earnings being offset by a 0.2-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased 0.1 percent over the month due to the decrease in real average hourly earnings and no change in the average workweek.

Saturday, June 25, 2016

American Time Use Survey Summary – 2015



In 2015, 38 percent of workers in management, business, and financial operations occupations, and 35 percent of those employed in professional and related occupations, did some or all of their work from home on days they worked, the U.S. Bureau of Labor Statistics reported today. Workers employed in other occupations were less likely to work from home on days they worked.

Sunday, June 12, 2016

Employer Costs for Employee Compensation – March, 2016: Private employers spend $2.44 per hour worked for employee health benefits



Private employers spent an average of $32.06 per hour worked for compensation in March 2016. Health insurance was the largest individual employer benefit cost at $2.44, accounting for 7.6 percent of total compensation costs.

EMPLOYER COSTS FOR EMPLOYEE COMPENSATION – MARCH 2016

Employer costs for employee compensation averaged $33.94 per hour worked in March 2016, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $23.25 per hour worked and accounted for 68.5 percent of these costs, while benefits averaged $10.70 and accounted for the remaining 31.5 percent. Total employer compensation costs for private industry workers averaged $32.06 per hour worked in March 2016. Total employer compensation costs for state and local government workers averaged $45.23 per hour worked in March 2016. 

Thursday, June 9, 2016

Job openings little changed at 5.8 million in April; hires edge down to 5.1 million



Job openings were little changed at 5.8 million on the last business day of April. Hires edged down over the month to 5.1 million and separations were little changed at 5.0 million. The quits rate was 2.0 percent and the layoffs and discharges rate was 1.1 percent.

JOB OPENINGS AND LABOR TURNOVER – APRIL 2016

The number of job openings was little changed at 5.8 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Hires edged down to 5.1 million while separations were little changed at 5.0 million. Within separations, the quits rate was 2.0 percent, and the layoffs and discharges rate was 1.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Monday, June 6, 2016

Employment Situation Summary – May, 2016



The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and nonfarm payroll employment changed little (+38,000), the U.S. Bureau of Labor Statistics reported today. Employment increased in health care. Mining continued to lose jobs, and employment in information decreased due to a strike.

Thursday, January 21, 2016

Real Earnings – December, 2015



All employees

Real average hourly earnings for all employees increased 0.1 percent from November to December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from no change in average hourly earnings combined with a 0.1-percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U).

Thursday, September 10, 2015

Job Openings and Labor Turnover Summary – July, 2015: Hires decreased in construction (-109,000), but number of layoffs and discharges fell in construction (-90,000) and the number of other separations increased over the year in several industries, with the largest changes occurring in construction (+17,000).



The number of job openings again rose to a series high of 5.8 million on the last business day of July, the U.S. Bureau of Labor Statistics reported today. The number of hires and separations edged down to 5.0 million and 4.7 million, respectively. Within separations, the quits rate was 1.9 percent for the fourth month in a row, and the layoffs and discharges rate declined to 1.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Employer Costs for Employee Compensation – June 2015: Private industry employers spent an average of $31.39 per hour worked for employee compensation in June 2015



Private industry employers spent an average of $31.39 per hour worked for employee compensation in June 2015, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $21.82 per hour worked and accounted for 69.5 percent of these costs, while benefits averaged $9.56 and accounted for the remaining 30.5 percent. Total compensation costs for state and local government workers averaged $44.22 per hour worked in June 2015. Total compensation costs for civilian workers, which include private industry and state and local government workers, averaged $33.19 per hour worked in June 2015.

Friday, July 31, 2015

EMPLOYMENT COST INDEX - JUNE 2015: Wages Continue to Rise



Compensation costs for civilian workers was little changed at 0.2 percent, seasonally adjusted, for the 3-month period ending June 2015, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) was also little changed at 0.2 percent, and benefits (which make up the remaining 30 percent of compensation) was little changed at 0.1 percent. (See chart 1 and tables 1, 2, and 3.)

Wednesday, July 8, 2015

Job Openings and Labor Turnover Summary – May, 2015



JOB OPENINGS AND LABOR TURNOVER – MAY 2015

The number of job openings was little changed at 5.4 million on the last business day of May, the
highest since the series began in December 2000, the U.S. Bureau of Labor Statistics reported today.

The number of hires was unchanged at 5.0 million in May and the number of separations was little changed at 4.7 million. Within separations, the quits rate was unchanged at 1.9 percent and the layoffs and discharges rate was little changed at 1.2 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Job Openings

Job openings were little changed at 5.4 million on the last business day of May, remaining at a
historically high level. The job openings rate for May 2015 was 3.6 percent. The number of job openings was little changed for total private and government. Job openings increased in nondurable goods manufacturing and in state and local government. Job openings were little changed in all four regions. (See table 1.)

The number of job openings (not seasonally adjusted) increased over the 12 months ending in May for total nonfarm, total private, and government. Job openings rose over the year for many industries with the largest increases occurring in retail trade, professional and business services, and health care and social assistance. Job openings decreased over the year in mining and logging and in arts, entertainment, and recreation. The number of job openings increased over the year in the South, Midwest, and West regions. (See table 7.)

Hires

The number of hires was 5.0 million in May, unchanged from April. The hires rate was 3.5 percent. The number of hires was little changed for total private and government in May. There was little change in the number of hires in all industries and regions over the month. (See table 2.)

Over the 12 months ending in May, the number of hires (not seasonally adjusted) was little changed for total nonfarm, total private, and government. At the industry level, hires increased in federal government. Among the industries, the number of hires decreased over the year in mining and logging.

The number of hires was little changed over the year in all four regions. (See table 8.)

Separations

Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, and disability, as well as transfers to other locations of the same firm.

There were 4.7 million total separations in May, about the same as in April. The separations rate was 3.3 percent. The number of total separations was little changed for total private and government, and in all industries and regions over the month. (See table 3.)

There were 2.7 million quits in May, unchanged from April. The quits rate in May was 1.9 percent. The number of quits was little changed for total private and government over the month. The number of quits was little changed in all industries and in all four regions in May. (See table 4.)

The number of quits (not seasonally adjusted) increased over the 12 months ending in May for total nonfarm and total private, and was little changed for government. Over the year, quits increased in health care and social assistance and in accommodation and food services. The number of quits was little changed in all four regions. (See table 10.)

There were 1.7 million layoffs and discharges in May, about the same as in April. The layoffs and discharges rate was 1.2 percent. The number of layoffs and discharges was little changed over the month for total private and government, and in all four regions. (See table 5.) Seasonally adjusted estimates of layoffs and discharges are not available for individual industries.

The number of layoffs and discharges (not seasonally adjusted) was little changed over the 12 months ending in May for total nonfarm, total private, and government. The number of layoffs and discharges increased over the year in federal government, but decreased in real estate and rental and leasing. There was little change in layoffs and discharges over the year in all four regions. (See table 11.)

In May, there were 391,000 other separations for total nonfarm, about the same as in April. Over the month, the number of other separations was little changed for total private at 324,000 and for
government at 67,000. (See table 6.) Seasonally adjusted estimates of other separations are not available for individual industries or regions.

Over the 12 months ending in May, the number of other separations (not seasonally adjusted) was little changed for total nonfarm, total private, and government. Other separations increased in federal government, but decreased in accommodation and food services and in state and local government. The number of other separations was little changed in all four regions. (See table 12.)

Net Change in Employment

Large numbers of hires and separations occur every month throughout the business cycle. Net
employment change results from the relationship between hires and separations. When the number of hires exceeds the number of separations, employment rises, even if the hires level is steady or declining.

Conversely, when the number of hires is less than the number of separations, employment declines, even if the hires level is steady or rising. Over the 12 months ending in May 2015, hires totaled 60.2 million and separations totaled 57.4 million, yielding a net employment gain of 2.8 million. These totals include workers who may have been hired and separated more than once during the year.
____________
The Job Openings and Labor Turnover Survey results for June 2015 are scheduled to be released
on Wednesday, August 12, 2015 at 10:00 a.m. (EDT).

Thursday, June 25, 2015

American Time Use Survey Summary - 2014




In 2014, on days they worked, 23 percent of employed persons did some or all of their work at home, and 85 percent did some or all of their work at their workplace, the U.S. Bureau of Labor Statistics reported today. In 2003, the first year for which comparable data are available, 19 percent of employed persons did some or all of their work at home, and 87 percent did some or all their work at their workplace on days worked.

Thursday, June 11, 2015

Employer Costs for Employee Compensation – March, 2015



Employer costs for employee compensation averaged $33.49 per hour worked in March 2015, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $22.88 per hour worked and accounted for 68.3 percent of these costs, while benefits averaged $10.61 and accounted for the remaining 31.7 percent. Total employer compensation costs for private industry workers averaged $31.65 per hour worked in March 2015. Total employer compensation costs for state and local government workers averaged $44.25 per hour worked in March 2015. 

Wednesday, June 10, 2015

Job Openings and Labor Turnover Summary – April, 2015



JOB OPENINGS AND LABOR TURNOVER – APRIL 2015

The number of job openings rose to 5.4 million on the last business day of April, the highest since the series began in December 2000, the U.S. Bureau of Labor Statistics reported today. The number of hires was little changed at 5.0 million in April and the number of separations was little changed at 4.9 million.

Saturday, April 18, 2015

New building means new restaurants at 1700 Market



Market Street West seems to have the makings of a steakhouse district.

A proposed addition to the 1700 Market St. office building would house a high-end steakhouse, its moderate-priced Mexican sibling, and a casual restaurant.