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mahatmakanejeeves

(61,346 posts)
Wed Apr 19, 2023, 12:34 PM Apr 2023

BLS report: February job openings rates down in 20 states, up in 2; layoffs and discharges down ...

Related:

Wed Jan 27, 2021: BLS Report: Gross job losses 20.4 million and gross job gains 5.7 million in the 2nd quarter of 2020

People come; people go.

This is the state-level fine tuning of JOLTS, the Job Openings and Labor Turnover Survey, which comes out a few days after the monthly payroll employment report.

The number of quits indicates how confident people are of finding another job if they leave the one they have.

Previous JOLTS reports:

Wed Feb 1, 2023: BLS Report: Number of job openings increase in December; hires and total separations change little

Wed Jan 4, 2023: Number of job openings, hires, and total separations change little in November

December 2022: ?

November 2022: ?

Tue Oct 4, 2022: BLS Report: August job openings decrease; hires and total separations change little (this one)

Tue Aug 30, 2022: BLS Report: July job openings change little; hires and total separations also change little

Tue Aug 30, 2022: Job vacancies rose in July, dashing Fed hopes for cooling (in LBN)

Tue Aug 2, 2022: U.S. job openings at nine-month low; labor market still tight (in LBN)

Wed Jul 6, 2022: BLS Report: May job openings decrease; hires and total separations change little

Wed Jun 1, 2022: BLS Report: April job openings decrease; layoffs and discharges edge down to series low

Tue May 3, 2022: BLS Report: March job openings and quits reach series highs; total separations edge up

Tue Mar 29, 2022: BLS Report: February job openings and total separations change little; hires edge up

Wed Mar 9, 2022: BLS Report: January job openings, hires, and total separations change little

Tue Feb 9, 2021: BLS Report: Job openings and total separations little changed in December; hires decrease

Tue Jan 4, 2022: Job openings reach 10.6 million in November as tight labor market persists

{snip the rest}

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February job openings rates down in 20 states, up in 2; layoffs and discharges down in 11

Economic News Release USDL-23-0724

State Job Openings and Labor Turnover Summary
For release 10:00 a.m. (ET) Wednesday, April 19, 2023
Technical information: (202) 691-5870 • JoltsInfo@bls.gov • www.bls.gov/jlt
Media contact: (202) 691-5902 • PressOffice@bls.gov

STATE JOB OPENINGS AND LABOR TURNOVER – FEBRUARY 2023

Job openings rates decreased in 20 states and increased in 2 states on the last business day of February, the U.S. Bureau of Labor Statistics reported today. Hires rates decreased in 4 states and increased in 1 state. Total separations rates decreased in 4 states and increased in 3 states. Nationally, the job openings rate decreased in February, while the hires and total separations rates showed little change.

This release includes estimates of the number and rate of job openings, hires, total separations, quits, and layoffs and discharges for the total nonfarm sector and for all states and the District of Columbia.

Job Openings

In February, job openings rates decreased in 20 states, increased in 2 states, and were little changed in 28 states and the District of Columbia. The largest decreases in job openings rates occurred in West Virginia (-1.9 percentage points), Wisconsin (-1.8 points), and Washington (-1.4 points). The increases occurred in Maine (+0.9 point) and Colorado (+0.5 point). Over the month, the national job openings rate decreased (-0.4 point). (See table A.)

The number of job openings decreased in 21 states and the District of Columbia, increased in 2 states, and was little changed in 27 states in February. The largest decreases in the job openings level occurred in Florida (-75,000), Wisconsin (-61,000), and California (-57,000). The increases occurred in Colorado (+18,000) and Maine (+7,000). Nationally, the number of job openings decreased over the month (-632,000). (See table A.)

Hires

In February, hires rates decreased in 4 states, increased in 1 state, and were little changed in 45 states and the District of Columbia. The decreases in the hires rates occurred in Arizona and Georgia (-0.7 percentage point each), as well as in Pennsylvania and Washington (-0.6 point each). The increase occurred in Colorado (+0.7 point). The national hires rate was little changed over the month. (See table B.)

The number of hires decreased in 4 states, increased in 2 states, and was little changed in 44 states and the District of Columbia in February. The largest decreases in the hires level occurred in Pennsylvania (-35,000), Georgia (-33,000), and Washington (-21,000). The increases occurred in Colorado (+22,000) and Nebraska (+7,000). Nationally, the number of hires was little changed over the month. (See table B.)

Total Separations

In February, total separations rates decreased in 4 states, increased in 3 states, and were little changed in 43 states and the District of Columbia. The largest decreases in total separations rates occurred in New Jersey (-1.3 percentage points), New Hampshire (-1.0 point), and South Carolina (-0.7 point). The increases occurred in South Dakota (+1.1 points), Maryland (+0.8 point), and Indiana (+0.5 point). Over the month, the national total separations rate was little changed. (See table C.)

In February, the number of total separations decreased in 3 states, increased in 2 states, and was little changed in 45 states and the District of Columbia. The decreases in the total separations level occurred in New Jersey (-57,000), South Carolina (-15,000), and New Hampshire (-7,000). The increases occurred in Maryland (+20,000) and South Dakota (+5,000). Nationally, the number of total separations was little changed over the month. (See table C.)

Quits

In February, quits rates increased in 8 states and the District of Columbia, decreased in 1 state, and were little changed in 41 states. The largest increases in quits rates occurred in the District of Columbia (+0.8 percentage point), Georgia and Maryland (+0.7 point each), and Maine (+0.6 point). The decrease occurred in Pennsylvania (-0.3 point). Over the month, the national quits rate was little changed. (See table D.)

The number of quits increased in 7 states and the District of Columbia, decreased in 1 state, and was little changed in 42 states in February. The largest increases in the quits level occurred in Texas (+45,000), Georgia (+34,000), and Virginia (+20,000). The decrease occurred in Pennsylvania (-18,000). Nationally, the number of quits edged up over the month. (See table D.)

Layoffs and Discharges

In February, layoffs and discharges rates decreased in 11 states, increased in 1 state, and were little changed in 38 states and the District of Columbia. The largest decreases in layoffs and discharges rates occurred in New Jersey (-1.4 percentage points) and New Hampshire (-0.9 point), as well as in North Carolina, Rhode Island, and South Carolina (-0.6 point each). The increase occurred in South Dakota (+0.6 point). Over the month, the national layoffs and discharges rate was little changed. (See table E.)

The number of layoffs and discharges decreased in 10 states, increased in 1 state, and was little changed in 39 states and the District of Columbia in February. The largest decreases in the layoffs and discharges levels occurred in New Jersey (-57,000), Texas (-49,000), and North Carolina (-28,000). The increase occurred in South Dakota (+3,000). Nationally, the number of layoffs and discharges decreased over the month (-215,000). (See table E.)

For more information, please see the Job Openings and Labor Turnover Survey (JOLTS) interactive charts at www.bls.gov/charts/state-job-openings-and-labor-turnover/state-job-openings-rates.htm#.

_____________
The Job Openings and Labor Turnover Survey State estimates for March 2023 are scheduled to be released on Wednesday, May 17, 2023, at 10:00 a.m. (ET).
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