Fix Your Memory Module

Industry News
CST News
Member Area
Tester Brochure
Demo Library
Tester FAQs

biology medicine news product technology definition

Saturday, October 20, 2018
Memory Industry News
Email ArticlePrinter Format PreviousNext

6.66 million job openings in the U.S.

Friday, August 10, 2018

U.S. job openings edged higher in June, providing evidence of a job market that's still tight with Americans feeling confident enough to leave their positions for other work, Labor Department data showed on Tuesday, Aug. 7.

The number of positions waiting to be filled increased by 3,000 to 6.66 million in June, according to the Job Openings and Labor Turnover Survey, or JOLTS. Hiring fell to 5.65 million from 5.75 million, in May, as the hiring rate fell to 3.8% from 3.9%. About 3.4 million Americans quit their jobs, down from 3.48 million in May, leaving the quits rate unchanged at 2.3%. Layoffs rose to 1.72 million from 1.62 million.

The elevated number of job postings shows companies are still expanding though having trouble finding employees from a shrinking pool or because of a skills mismatch. It's another sign, in line with other employment data, that shows a robust labor market.

In May, a record 3.48 million Americans quit their positions. The steady quits rate shows Americans leaving their jobs remain confident about finding new work that likely pays more and offers better benefits. Although it lags the Labor Department's main jobs data by a month, the JOLTS report adds context to monthly payrolls figures by measuring dynamics such as resignations, help-wanted ads and the pace of hiring.

Openings increased in construction, manufacturing, finance, and education and health services; they fell in trade and transportation.

In the 12 months through June, the economy created a net 2.5 million jobs, representing 66.6 million hires and 64.1 million separations.

By: DocMemory
Copyright 2018 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Amazon closer to decision time on its second headquarters10/19/2018
Mass scaling of graphene material remains a question10/19/2018
Communications market No. 1 driver for foundry outputs10/19/2018
Rising demand for chips at mature nodes cause shortfall of mask equipment10/19/2018
Qualcomm wants to go beyond smartphones in China10/18/2018
China eyes on Taiwan chip design telents10/18/2018
Let's put away trade talk with China for the moment10/18/2018
United States ranked first in world's most competitive economies10/18/2018
Netflix gains 7 million new subscribers10/17/2018
Qualcomm offers 60GHz Wi-Fi" on chip10/17/2018

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2018 CST, Inc. All Rights Reserved