1.9 Million Net New Jobs Created in 2012

There were 3.7 million job openings on the last business day of November, unchanged from October, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.2 percent) and separations rate (3.1 percent) also were unchanged in November. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by geographic region.

Job Openings

The number of job openings in November was 3.7 million, unchanged from October. The number of openings increased in retail trade and was little changed in all remaining industries and in all four regions in November. The level of total nonfarm job openings was 2.4 million at the end of the recession in June 2009. (Recession dates are determined by the National Bureau of Economic Research.) Continue Reading