City
Epaper

US job openings, hirings little changed in Oct

By IANS | Updated: December 10, 2020 11:00 IST

Washington, Dec 10 The US Department of Labour announced that the number of job openings and hirings across ...

Open in App

Washington, Dec 10 The US Department of Labour announced that the number of job openings and hirings across the country were only a little changed in October.

On the last business day of October, the number and rate of job openings were little changed at 6.7 million and 4.5 per cent, respectively, Xinhua news agency quoted the Department as saying in its announcement on Wednesday.

The number of job openings in October decreased over the year to 7.1 million, reflecting the continued impact of the raging Covid-19 pandemic on the labour market.

Job openings decreased in a number of industries with the largest decreases in retail trade, accommodation and food services, and finance and insurance.

The number and rate of hires in October were little changed at 5.8 million and 4.1 per cent, respectively.

Meanwhile, hirings increased in a number of industries over the year, with the largest surges in transportation, warehousing, and utilities and in durable goods manufacturing.

Over the month, the number of total separations increased to 5.1 million and the total separations rate was little changed at 3.6 per cent.

Over the 12 months ending in October, hirings totalled 70.4 million and separations totalled 76.1 million, yielding a net employment loss of 5.7 million.

These totals include workers who may have been hired and separated more than once during the year.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketCM Siddaramaiah, DK Shivakumar should take responsibility for Bengaluru stampede: BJP's Yediyurappa

InternationalPM Modi discusses peace efforts in Ukraine, West Asia with French President Macron

InternationalRussia's Indian Ocean presence not significant, limited to exercises: MEA in Parliament

CricketIndia left-arm spinner Gouher Sultana bids adieu to international cricket

InternationalPakistan: Two killed, over 30 injured in massive warehouse explosion in Karachi

International Realted Stories

InternationalRussia carries out biggest missile attack in a month on Ukraine amid peace efforts

InternationalPM Modi meets Chairman, CEO of Kyndryl, Martin Schroeter

International"Very hard to win war without attacking": Trump hints at letting Ukraine "fight back" amid peace talks

InternationalArmy Chief Gen Dwivedi meets Indian envoy to UN, Myanmar

InternationalAfghan, Pakistani officials call for dialogue to ease bilateral strains