While the number of “quits” – or the measure of an employee’s ability to voluntarily change jobs – have declined slightly over the last month, year over year they’re beginning to inch up, meaning that more employees are developing the confidence to venture back out into the work force. Read More »
In its February 29 “Annual Regional and State Unemployment” news release, the Bureau of Labor Statistics had more good news to report regarding declining unemployment rates. Through 2011, annual average unemployment rates declined in 48 states and rose in only 2 states (Arkansas with a 7.9 jobless rate in 2010 and 8.0 rate in 2011); Mississippi (from 10.5 in 2010 to 10.7 in 2011) and the District of Columbia from (10.1 in 2010 to 10.2 in 2011). Read More »
Job openings held steady with 3.5 million job openings at the end of January, essentially unchanged from December, 2011 the U.S. Bureau of Labor Statistics reported this week. The hires rate (3.1%) and separations rate (3.0%) changed little over the month. Read More »
The BLS’s latest “Employment Situation Summary” reports that nonfarm payroll employment rose by 227,000 in February and the unemployment rate was unchanged at 8.3 percent. Several sectors, including professional and business services and healthcare services, continue to show strength. Read More »
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