This Month Only! >> $20 off and a FREE SHRM tote with your membership and code TOTE2018!
Sign up for free email newsletters and get more SHRM content delivered to your inbox.
Is your employee handbook keeping up with the changing world of work? With SHRM's Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Build competencies, establish credibility and advance your career—while earning PDCs—at SHRM Seminars in 12 cities across the U.S. this spring.
#SHRM18 will expand your perspective – on your organization, on your career, and on the way you approach HR. Join us in Chicago June 17-20, 2018
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.
Job openings in the United States hit a record-high 5.4 million in April 2015, signaling strong employment growth, according to the latest Job Openings and Labor Turnover Survey report from the Bureau of Labor Statistics (BLS).
The number of vacancies is the highest since the BLS began releasing the report in December 2000. Job openings in April primarily increased in health care and social assistance services but fell in the arts, entertainment and recreation sectors, according to the report.
Over the 12 months ending in April 2015, hires totaled 60 million and separations totaled 57.2 million, yielding a net employment gain of 2.8 million.
Hopes were high that the newest job openings report would be positive after the
BLS released its May Employment Situation report that suggested that the economy was back on track after a disappointing first quarter, said Jennifer Schramm, SHRM-SCP, manager of workforce trends at the Society for Human Resource Management. “And sure enough, [it] was even better than expected,” she said.
Elsewhere there was little change. The number of hires held fairly steady at 5 million as did total separations, Schramm said. Total separations for April 2015—including quits, layoffs and discharges—fell to 4.9 million from 5 million in March. There were 1.8 million layoffs and discharges in April, the same as the previous month.
Less people quit their jobs in April—2.7 million—than in March, when 2.8 million people gave their notice.
“HR professionals tend to be most interested in the quits rate within overall separations because a rising quits rate may mean they need to brace themselves for increased voluntary turnover rates,” Schramm said. “So far, there wasn’t much of an increase in the quits rate but with these recent upbeat employment and job openings numbers, it is likely that many workers will start to grow more confident that they can land a new position.”
Roy Maurer is an online editor/manager for SHRM. Follow him
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Please sign in as a SHRM member before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Join SHRM's exclusive peer-to-peer social network
SHRM’s HR Vendor Directory contains over 10,000 companies