On the last day of July, there were more than 3.5 million job openings.
These numbers are little changed from the previous month. According to the U.S. Bureau of Labor Statistics (BLS), the number-of-hires rate (more than 3 percent) and the separations rate (right at 3 percent) were also little changed from the previous month.
Our Asheville workers compensation lawyers understand that one of the only fields to see a decrease in the number of openings was the health care and social assistance industries. Nonfarm positions were up nearly 2.5 million from June of 2009, or the end of the recession. Government jobs as well as private positions also increased over the year. Recreation, entertainment, arts, logging and mini all reported decreases. The South, the Northeast and the Midwest were fortunate to experience overall increases during this time.
While there may have been more positions open, the average hourly wage didn’t increase. For all employees, this average fell roughly 0.7 percent from July through August. Officials say the decline in hourly earnings is also attributable to a decline in hours worked.
Separations, or discharges, layoffs and quits are also known as separations and the government looks at these numbers in developing the big picture. Quits are important because not only are they a voluntary separation initiated by the employee, they also point out the measurement of employees’ ability and/or willingness to leave a position. Discharges and layoffs are involuntary separations that are initiated by the employer. Some of the other separations that are counted in this category are the separations that are the result of disability, death and retirement.
The number of separations, for private, government and nonfarm industries was virtually unchanged from June to July.
-The number of quits was more than 2 million in July, up from approximately 1.8 million during the July of 2009, when we saw the end of the recession.
-The number of quite increased in July for nonfarm workers, but didn’t really change at all for government positions.
-The number of quits increased for many industries in the South.
-Quits decreased in insurance and finance in the South.
-Discharges and layoffs hardly changed from June to July in the private and nonfarm industries.
-Government layoffs and discharges were unchanged from June.
-Discharges and layoffs were virtually unchanged in all regions of the country from June to July.
-There were more than 1.5 million discharges and layoffs in nonfarming industries in July. This is down from the more than 2 million that occurred during June of 2009.
If you or someone you love has been injured at work, contact Lee Law Offices, P.A. for a free and confidential consultation to discuss your case. Call 1-800-887-1965.
More Blog Entries:
Protecting Your Rights as a N.C. Employee, North Carolina Workers’ Compensation Lawyers Blog, September 11, 2012
South Carolina Worker Electrocuted in Utility Accident, North Carolina Workers’ Compensation Lawyers Blog, September 8, 2012