{"id":4678,"date":"2023-06-15T12:55:58","date_gmt":"2023-06-15T17:55:58","guid":{"rendered":"https:\/\/www.employco.com\/blog\/?p=4678"},"modified":"2023-06-15T13:00:31","modified_gmt":"2023-06-15T18:00:31","slug":"hr-newsletter-job-openings-trend-back-up","status":"publish","type":"post","link":"https:\/\/www.employco.com\/blog\/2023\/06\/15\/hr-newsletter-job-openings-trend-back-up\/","title":{"rendered":"HR Newsletter: Job Openings Trend Back Up"},"content":{"rendered":"

<\/p>\n

The U.S. Bureau of Labor Statistics recently released its April Job Openings and Labor Turnover Summary<\/a>. The monthly report revealed an unexpected 10.1 million job openings in April\u2014compared with a revised 9.745 million in March\u2014following three months of declines.<\/p>\n

Economists expected 9.375 million job openings in April, according to consensus estimates on Refinitiv. Monthly job openings have dropped from the record of 12 million in March 2022 but remain well above the pre-pandemic benchmark of 7 million. The number of job openings is viewed as an indication of the strength of the labor market and the broader economy. The largest increases in job openings were in these sectors: retail trade; health care and social assistance; and transportation, warehousing, and utilities.<\/p>\n

<\/p>\n

\"Monthly<\/p>\n

Source: U.S. Bureau of Labor Statistics \u2013 Non-Farm Job Openings<\/em><\/p>\n

Employers will likely continue to have difficulties attracting and retaining workers, resulting in increased labor costs as they raise wages and offer competitive benefits to attract talent. Employers should continue to monitor employment trends to stay competitive in today\u2019s evolving market.<\/p>\n

Contact us<\/a> for more resources.<\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Bureau of Labor Statistics recently released its April Job Openings and Labor Turnover Summary. The monthly report revealed an unexpected 10.1 million job openings in April\u2014compared with a revised 9.745 million in March\u2014following three months of declines. Economists… <\/p>\n

Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-4678","post","type-post","status-publish","format-standard","hentry","category-hr-newsletter"],"featured_image_src":null,"author_info":{"display_name":"Employco USA","author_link":"https:\/\/www.employco.com\/blog\/author\/employcousa\/"},"yoast_head":"\r\nHR Newsletter: Job Openings Trend Back Up - Employco Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.employco.com\/blog\/2023\/06\/15\/hr-newsletter-job-openings-trend-back-up\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"HR Newsletter: Job Openings Trend Back Up - Employco Blog\" \/>\r\n<meta property=\"og:description\" content=\"The U.S. Bureau of Labor Statistics recently released its April Job Openings and Labor Turnover Summary. 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This month\u2019s reported number of employee quits fell from a record high of 4.5 million in March to around 4.4 million in April. 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The month\u2019s reported number of job openings rose to 11.2 million in July, compared with 11 million in June. 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Notably, the number of quits increased to around 4,536,000 in March, up from approximately 4,384,000 in February. The BLS defines a quit as a \u201cvoluntary separation initiated by the employee.\u201d March\u2019s quits rate\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"Employee Quits Reach Record High","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/May2022_Quit.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/May2022_Quit.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/May2022_Quit.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/May2022_Quit.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/May2022_Quit.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":5536,"url":"https:\/\/www.employco.com\/blog\/2024\/09\/17\/hr-newsletter-majority-of-employees-likely-to-stay-in-current-job\/","url_meta":{"origin":4678,"position":3},"title":"HR Newsletter: Majority of Employees Likely to Stay in Current Job","author":"Employco USA","date":"September 17, 2024","format":false,"excerpt":"Recent reports have found that most employees are choosing to stay with their employers. As the labor market becomes less worker-friendly, employees are less likely to search for new jobs. Notably, a report from LinkedIn found that in 2024, employee attrition rates, which measure the percentage of workers that leave\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3856,"url":"https:\/\/www.employco.com\/blog\/2022\/04\/13\/hr-newsletter-employee-quits-increase-in-february\/","url_meta":{"origin":4678,"position":4},"title":"HR Newsletter: Employee Quits Increase in February","author":"Employco USA","date":"April 13, 2022","format":false,"excerpt":"On Tuesday, March 29, 2022, the U.S. Bureau of Labor Statistics (BLS) released its February Job Openings and Labor Turnover Summary. Notably, the number of quits\u2014defined by the BLS as a \u201cvoluntary separation initiated by the employee\u201d\u2014increased to around 4.35 million recorded in February, up from around 4.25 million in\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"Quit","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":5571,"url":"https:\/\/www.employco.com\/blog\/2024\/11\/19\/hr-newsletter-workers-likely-to-explore-job-market-in-2025\/","url_meta":{"origin":4678,"position":5},"title":"HR Newsletter: Workers Likely to Explore Job Market in 2025","author":"Employco USA","date":"November 19, 2024","format":false,"excerpt":"Although employee quits have trended down in 2024, EY\u2019s 2024 Work Reimagined Survey report found that 38% of employees are likely to leave their jobs in the next year. According to the survey results, EY advises that to maintain a talent advantage, employers may need to hone their attraction and\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/4678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/comments?post=4678"}],"version-history":[{"count":3,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/4678\/revisions"}],"predecessor-version":[{"id":4681,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/4678\/revisions\/4681"}],"wp:attachment":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/media?parent=4678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/categories?post=4678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/tags?post=4678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}