JOLTS Barely Moves

The jobs picture south of the border did not change all that much in August.

The U.S. Bureau of Labor Statistics revealed that the Job Openings and Labor Turnover Summary (JOLTS) number of job openings was little changed at 7.1 million on the last business day of the month, hires edged down to 5.8 million and separations were little changed at 5.6 million.

Within separations, the quits rate was little changed at 2.3%, and the layoffs and discharges rate was unchanged at 1.2%. This release includes estimates of the number and rate of job openings, hires, and separations for the non-farm sector by industry and by four geographic regions.