February 13, 2008
From December 2006 to December 2007, the job openings, hires, and total separations rates all fell significantly for the total nonfarm sector.
On the last business day of December 2007, there were 4.0 million job openings in the United States, and the job openings rate was 2.8 percent. The job openings rate was 3.1 percent in December 2006.
The hires rate was 3.3 percent in December 2007, down from 3.6 percent a year earlier. The hires rate did not increase significantly in any industry or region over the year.
The total separations, or turnover, rate fell to 3.1 percent in December 2007 from 3.3 percent in December 2006. Over the year, the total separations rate rose in federal government; the rate fell in durable goods manufacturing, information, and finance and insurance.
These data come from the BLS Job Openings and Labor Turnover Survey. To learn more, see "Job Openings and Labor Turnover Summary: December 2007" (PDF) (HTML), news release USDL 08-0201. These data are seasonally adjusted. Data for the most recent month are preliminary.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job openings and labor turnover in 2007 on the Internet at http://www.bls.gov/opub/ted/2008/feb/wk2/art03.htm (visited August 02, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.