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State Job Openings and Labor Turnover for September 2024: Job Openings: Rates decreased in four states (Georgia, Oklahoma, Texas, and Arkansas), with Arkansas seeing an increase. Nationally, job openings remained stable. Hires: Rates went up in three states (Montana, Michigan, Minnesota) but dropped in Massachusetts and Maine. The national hires rate showed little change. Total Separations: Rates increased in three states (New Hampshire, New Jersey, New York), decreased in Illinois, and was unchanged nationally. Quits: Rates slightly increased in Louisiana and Maryland, decreased in Illinois, with national quits rates remaining steady. Layoffs and Discharges: Rates rose in four states (New Jersey, New Hampshire, New York), with a slight national increase in the layoffs rate. The next release for October 2024 data is scheduled for December 17, 2024. For more detailed insights, check out the interactive charts at the U.S. Bureau of Labor Statistics. #JobMarket #LaborEconomics #EmploymentTrends

📊 Insights from the Latest State Job Openings and Labor Turnover Data - July 2024 The U.S. Bureau of Labor Statistics has just released the Job Openings and Labor Turnover Summary for July 2024, offering a snapshot of the employment dynamics across states. Here's what you need to know: Job Openings: The data shows a mixed bag with job openings rates decreasing in 4 states, increasing in just 1 state, and remaining stable in most. Notably, Minnesota, Massachusetts, and New York saw significant decreases, while Oklahoma experienced an uptick. This suggests a cooling in some regions, possibly reflecting economic adjustments or seasonal factors. Hires: California, Michigan, Minnesota, and Pennsylvania saw increases in hires rates, indicating some positive movement in the job market despite the national trend showing little change. This could be good news for job seekers in these states. Total Separations: An interesting rise in total separations was observed in 11 states, with North Dakota and Virginia leading. This could point towards a more dynamic labor market where people are either leaving jobs for better opportunities or there's a higher turnover due to other reasons like retirements or layoffs. Quits: Florida, Virginia, and Colorado showed increases in quits, which often indicates workers' confidence in finding new opportunities. Conversely, Texas and New York saw decreases, which might reflect different economic pressures or job satisfaction levels. Layoffs and Discharges: There was an uptick in layoffs in several states, with North Dakota and Virginia again showing notable changes. This might be concerning, suggesting some sectors or regions are facing downturns or restructuring. What does this mean for professionals and businesses? Opportunity for Mobility: Increased hires and quits in certain states suggest that now might be a good time for job transitions, particularly in sectors or states showing growth. Caution in Some Markets: The increase in layoffs and separations might call for caution if you're in or dealing with markets like Virginia or Pennsylvania, where numbers have significantly shifted. Strategic Planning: Businesses should consider these labor trends for workforce planning. Regions with decreasing job openings might require more competitive offers to attract talent. Economic Health Check: These statistics serve as a pulse check on economic health, indicating where the market might be heating up or cooling down. #LaborMarket #JobOpenings #HiringTrends #EconomicAnalysis #CareerAdvice #BusinessStrategy

State Job Openings and Labor Turnover (JOLT) News-October '24 Job openings rates decreased in 4 states and increased in 1 state on the last business day of September, the U.S. Bureau of Labor Statistics reported last Friday. Hires rates increased in 3 states and decreased in 2 states. Nationally, the job openings and hires rates showed little change in September, and the total separations rate was unchanged. 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. https://lnkd.in/eiQwZyuj

🌟 So Cal Job Market: A Win-Win for Employers and Communities 🌟 Southern California hit record employment numbers in October, but with hiring slowing, many businesses are struggling to find talent. That’s where First Step Staffing comes in. We connect employers with skilled individuals from underserved communities—veterans, people experiencing homelessness, and those impacted by the criminal justice system. Here’s how we can help: ✅ Quickly fill positions with qualified, motivated candidates ✅ Create positive social impact by giving back to the community ✅ Tackle the labor shortage by tapping into an untapped talent pool Even with high interest rates and a slower hiring pace, First Step Staffing is ready to support your business in overcoming these challenges and keeping your operations strong. Let’s work together to not only fill jobs but also make a difference in our communities. Is your company ready to make an impact? Let’s talk about how First Step Staffing can help you find the right talent in today’s competitive market.

👀 Have you heard? According to the latest ADP report, Denver is among the top 5 cities in the nation with the hottest job market! 🔥 Whether you're seeking new opportunities or looking to hire top talent, Denver's thriving job scene is the place to be. Learn more with Denver Business Journal's article below #DenverJobs #ADPReport

Urgent update: The latest Beige Book report from the Federal Reserve reveals significant shifts in labor availability in major cities, impacting recruitment strategies. Here are the top five changes observed in key cities: 1. #Boston: Labor markets tightened despite increased demand for workers. 2. #NewYork: Hiring activity varied across industries due to labor constraints. 3. #Philadelphia: Labor availability increased for specialized and high-demand roles. 4. #Cleveland: Businesses reported challenges in finding skilled workers for open positions. 5. #Atlanta: Staffing agencies reported an uptick in job orders and placements. How are you adapting to these changes in the labor landscape to attract and retain top talent? Share your strategies for navigating evolving market dynamics in recruitment. #RecruitmentStrategies #TalentAcquisition #HiringTrends https://lnkd.in/eyuRZSk2

👀 Have you heard? According to the latest ADP report, Denver is among the top 5 cities in the nation with the hottest job market! 🔥 Whether you're seeking new opportunities or looking to hire top talent, Denver's thriving job scene is the place to be. Learn more with Denver Business Journal's article below #DenverJobs #ADPReport

State Job Market Update - August 2024 The latest from the U.S. Bureau of Labor Statistics shows dynamic shifts in the job market: Job Openings: Rates increased in 6 states, with significant rises in Utah (+2.2%), Minnesota (+1.6%), and Nebraska (+1.2%). Decreases noted in Colorado (-0.8%) and Illinois (-0.6%). Hires: Rates fell in 6 states, with notable drops in Arizona and Michigan (-1.1% each). Florida saw an increase (+0.9%). Total Separations: Decreased in 10 states, with Alaska showing the largest drop (-1.2%). An uptick observed in Texas (+0.6%). Quits: Decreased in 9 states, with Louisiana experiencing the biggest decline (-1.0%). Layoffs and Discharges: Little change overall, with Texas seeing an increase (+0.4%). #JobMarket #LaborStatistics #CareerDevelopment #BusinessStrategy #HiringTrends #JobOpenings #EmploymentTrends #JobSearch #CareerOpportunities #Workforce #HumanResources #Recruitment #JobSeekers #CareerGrowth #LaborMarket #JobReport #EconomicTrends #NowHiring

👍😍Job openings rise, but hire rates stay low. Total job openings rose 4% month-over-month to 8.0 million, but the growth in hires was just +3.3%, the lowest since Oct 2013. Read here ➡️ https://loom.ly/pKzwYBU ✅ Learn REAL ESTATE SALES in 15 MINUTES ➱ https://loom.ly/avHKvjY #article #news #notablearticle #listreports #realestate

More From the Local Business Times: Where the Bay Area ranks among the hottest U.S. hiring markets The job market is slowing nationally. Here's how the Bay Area stacks up and which local industries are bucking the national trend.