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Hires rate in June 2005

August 11, 2005

The hires rate was little changed at 3.5 percent in June 2005. The rate in May was 3.6 percent.

Hires rate, total nonfarm sector, seasonally adjusted, June 2004-June 2005
[Chart data—TXT]

The hires rate changed significantly over the month only in the leisure and hospitality industry, where it increased. The hires rate in leisure and hospitality was 6.8 percent in June, up from 5.9 percent in May.

The hires rate is the number of hires as a percent of total employment. Hires are any additions to the payroll during the month.

These data come from the Job Openings and Labor Turnover Survey. The above data are seasonally adjusted. Data for June 2005 are preliminary and subject to revision. Find additional information in "Job Openings and Labor Turnover: June 2005" (PDF) (TXT), USDL 05-1514.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Hires rate in June 2005 on the Internet at http://www.bls.gov/opub/ted/2005/aug/wk2/art04.htm (visited October 24, 2014).

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