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Hires rate in December 2004

February 11, 2005

The hires rate was 3.4 percent in December 2004, a slight decrease from a month earlier.

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

The hires rate decreased in manufacturing, professional and business services, and government over the month. The hires rate also fell in the Midwest region.

The hires rate is the number of hires during the month divided by 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 December 2004 are preliminary and subject to revision. Find additional information in "Job Openings and Labor Turnover: December 2004" (PDF) (TXT), USDL 05-206.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Hires rate in December 2004 on the Internet at http://www.bls.gov/opub/ted/2005/feb/wk1/art05.htm (visited November 27, 2014).

OF INTEREST

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