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Job openings rates saw a decrease in nine states in the U.S. and an increase in only one, a Bureau of Labor Statistics report says.
The most significant declines were observed in Arizona, Indiana, and South Dakota, each dropping by 1.0 percentage point. Conversely, New Jersey saw a notable increase of 1.1 points. Nationally, the job openings rate remained relatively stable.
The number of job openings decreased in 12 states, with California, Pennsylvania, and Indiana seeing the most substantial declines, while New Jersey experienced a notable increase.
Hires rates decreased in six states and increased in one, with minimal changes elsewhere. North Carolina and Tennessee witnessed the most significant decreases, each dropping by 1.1 percentage points, while New Jersey saw an increase of 0.8 points.
The number of hires decreased in six states, notably in Texas, North Carolina, and Tennessee, while New Jersey recorded a notable increase.
Total Separations Show Marginal Movement
Total separations rates decreased in five states and increased in one, with the most significant declines observed in Minnesota and South Carolina. However, Alaska saw a notable increase. The number of total separations decreased in five states, with Texas experiencing the most substantial decline.
Quits and Layoffs See Slight Fluctuations
Quits rates decreased in six states and increased in two, with notable declines in South Carolina, Oregon, and Washington. Conversely, New Jersey and New York experienced increases. Layoffs and discharges rates decreased in seven states, with notable declines in Minnesota and New Hampshire, while Pennsylvania saw an increase. The number of layoffs and discharges decreased in seven states, notably in Texas and Minnesota, while Pennsylvania recorded an increase.
While national job figures remained relatively stable, several states experienced fluctuations in job openings, hires, and total separations. Understanding these state-level changes is crucial for policymakers and businesses navigating the evolving labor market landscape.