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Job Openings Rise in December

February 07 2012

U.S. job openings rose 8.3 percent in December from November and 15.6 percent compared to December 2010, according to seasonally adjusted data released today by the U.S. Bureau of Labor Statistics. The jobs openings rate — a measure of job openings compared with total employment — was 2.5 percent in December, up 20 basis points from November and 30 basis points from December 2010.

The number of hires fell in December by 2.1 percent from November, but it was up 3.6 percent year over year.

Separations fell 1.9 percent in December from November, but separations rose 1.9 percent on a year-over-year basis. Separations include involuntary job losses as well as voluntary job losses such as from quits and retirements.

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