Wednesday, December 9, 2009

Hiring Still Below Job Separations

According to the Bureau of Labor Statistics, at the end of October, more employees were leaving and losing jobs than were finding jobs. The hiring rate was 3.0 percent and the job separation rate at 3.2 percent.

The job openings rate was unchanged over the month at 1.9 percent, or 2.5 million jobs. There are 15.4 million unemployed!

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