text: Calculated Risk: BLS: Job Openings Decreased in May
  BLS: Job Openings Decreased in May
  by Calculated Risk on 7/11/2017 10:08:00 AM
  The number of job openings decreased to 5.7 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today. Over the month, hires increased to 5.5 million and separations increased to 5.3 million. Within separations, the quits rate was little changed at 2.2 percent and the layoffs and discharges rate was unchanged at 1.1 percent. ...
  The number of quits increased to 3.2 million (+177,000) in May. The quits rate was 2.2 percent. The number of quits rose for total private (+159,000) and for government (+19,000).
  Note: The difference between JOLTS hires and separations is similar to the CES (payroll survey) net jobs headline numbers. This report is for May, the most recent employment report was for June.
  Jobs openings decreased in May to 5.666 million from 5.967 in April.
  The number of job openings (yellow) are up 2% year-over-year.
  Quits are up 7% year-over-year. These are voluntary separations. (see light blue columns at bottom of graph for trend for "quits").
  Job openings are mostly moving sideways at a high level, and quits are increasing. This is another solid report.