July 12, 2006
The hires rate for the U.S. increased to 3.7 percent in May, offsetting declines in the previous 2 months.
From April to May, the hires rate increased from 3.1 to 3.6 percent in the Midwest region. There were no significant declines in the hires rate in any region.
From May 2005 to May 2006 the hires rate did not change significantly in any geographic region.
These estimates are from the Job Openings and Labor Turnover Survey. To learn more about job openings, hires and separations, see Job Openings and Labor Turnover: May 2006 (PDF) (TXT), news release USDL 06-1200. Data for May 2006 are preliminary. Hires are any additions to the payroll during the month. The hires rate is computed by dividing the number of hires by employment and multiplying that quotient by 100.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Hires rates by region, May 2006 on the Internet at http://www.bls.gov/opub/ted/2006/jul/wk2/art03.htm (visited October 02, 2014).
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