Thursday, October 7, 2010

Aug. Private Sector Job Openings +36% vs. 2009

The BLS reported today that job openings increased to 3.2 million at the end of August, which was 60,000 higher than job openings at the end of July, and 790,000 higher than at the end of August last year (or 33%).  Job openings for the private sector are 36% ahead of last year, or by 751,000 openings.  

Compared to last August, job openings have improved in all six sectors except for Education and Health Services, which declined by 7%.  Job openings in all of the other five sectors have
improved, led by Professional and Business Services (+70.5%) and followed by Leisure and Hospitality (+62.2%), Manufacturing (+43.3%), Trade, Transportation and Utilities (+7.1%) and Construction (+3%).  On a regional basis, job openings have increased in all four parts of the country, led by the West (+49.7%), followed by the Midwest (+43.1%), the Northeast (+36.5%), and the South (+34.8%).   

Except for the 3.3 million job openings in April of this, the August number was the highest since November of 2008, 21 months ago. 

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