The Bureau of Labor Statistics says its read of the current hiring and openings picture shows professional and business services had a high job openings rate and a high hires rate in April. That is an indication that despite strong hiring, even more employees were needed.
Education and health services had a high job openings rate but relatively low hires in April, indicating that the needed employees were not hired.
Conversely, construction had a high hires rate and a low job openings rate in April, indicating that employees were needed and were easily hired.
Arts, entertainment and recreation had a high hires rate in April, but since it is a small industry, that equaled only 118,000 hires. Below, see how your industry stacked up.
Industries With Biggest Increases
The industries with the biggest increases in job openings in the last year (April 2010 to April 2011) were:
Durable goods manufacturing (+53K)
Retail trade (+37K)
Professional and business services (+37K)
Health care and social assistance (+39K)
Accommodation and food services (+50K)
Industries With Smallest Increases
The industries with the biggest decreases or smallest increases in job openings in the last year were:
Federal government (-375K)
Finance and insurance (+8K)
Real estate (+17K)
Arts, entertainment and recreation (+15K)
Geographical Location of Current Job Openings:
Northeast: 591K openings (-101K from last year)
South: 1.1 million openings (-32K from last year)
Midwest: 782K openings (+131K from last year)
West: 783K openings (-57K from last year)
Layoffs and Unemployment Figures
Big layoffs (as measured by the 12-month moving average of mass layoffs as reported by the government) are down 38 percent from their peak level in September 2009. The number of people filing first-time unemployment claims has fallen about 33 percent (four-week moving average) since its peak level in March 2009.
The number of people filing first-time unemployment claims has fallen about 33 percent (four-week moving average) since its peak level in March 2009. Claims have recently seen an uptick, but economists say that the after-effects of the Japan quake are likely the cause, as some factories in the U.S. had to shut down because of a lack of supplies. Many people believe claims should start going lower again soon.
All information courtesy of the Bureau of Labor Statistics April 2011 Job Openings and Labor Turnover Survey