Not a Member? Get access to HR news and resources that you can trust.
Here is how HR can help prevent the missteps that could cost your company big in court.
Is your employee handbook ready for the changing world of work? With SHRM’s Employee Handbook Builder get peace of mind that your handbook is up-to-date.
60+ new SHRM Seminar dates in 10 U.S. cities and virtually.
Expand your influence and learn how to become an effective leader -- Join us in Phoenix, AZ, October 2-4, 2017.
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.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Don’t Lose Sight! What Does Poor Preventive Care Cost Your Business?
Join SHRM's exclusive peer-to-peer social network
SHRM’s HR Vendor Directory contains over 3,200 companies