Missouri Job Openings and Labor Turnover – July 2024

KANSAS CITY – The Southwest Information Office of the U.S. Bureau of Labor Statistics today released Missouri Job Openings and Labor Turnover – July 2024. Assistant Commissioner for Regional Operations Michael Hirniak noted these Missouri highlights:

  • Missouri had 143,000 job openings in July, compared to 161,000 job openings in June.
  • The job openings rate for Missouri was 4.5 percent in July and 5.0 percent the previous month. Nationally, the job openings rate was 4.6 percent in July and 4.8 percent in June. (See chart 1.)
  • The ratio of unemployed persons per job opening in Missouri was 0.8, which was less than the national ratio of 0.9.

 

((INSERT PHOTO…CHART 1….HERE))

 

Job openings rates decreased in 4 states and increased in 1 state on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Hires rates increased in 4 states and decreased in 1 state. Total separations rates increased in 11 states and decreased in 1 state. Nationally, the job openings, hires, and total separations rates showed little change in July.

 

This release includes estimates of the number and rate of job openings, hires, total separations, quits, and layoffs and discharges for the total nonfarm sector and for all states and the District of Columbia.

 

Job Openings

 

In July, job openings rates decreased in 4 states, increased in 1 state, and were little changed in 45

states and the District of Columbia. The largest decreases in job openings rates occurred in Minnesota 

(-1.3 percentage points) and in Massachusetts and New York (-0.9 point each). The increase occurred in

Oklahoma (+0.7 point). Over the month, the national job openings rate changed little.

 

The number of job openings decreased in 6 states, increased in 3 states, and was little changed in 41

states and the District of Columbia in July. The largest decreases in the job openings level occurred in

New York (-91,000), Minnesota (-41,000), and Massachusetts (-37,000). The increases occurred in

Virginia (+28,000) and in Louisiana and Oklahoma (+14,000 each). Nationally, the number of job

openings changed little.

 

Hires

 

In July, hires rates increased in 4 states, decreased in 1 state, and were little changed in 45 states and

the District of Columbia. The increases in the hires rate occurred in California and Michigan 

(+0.7 percentage points each), as well as in Minnesota and Pennsylvania (+0.6 point each). The decrease occurred in Arkansas (-1.3 points). The national hires rate changed little over the month. (See table 2.)

 

The number of hires increased in 6 states, decreased in 1 state, and was little changed in 43 states and

the District of Columbia in July. The largest increases in the hires level occurred in California 

(+119,000), Pennsylvania (+38,000), and Michigan (+29,000). The decrease occurred in Arkansas 

(-19,000). Nationally, the number of hires changed little over the month.

 

Total Separations

 

In July, total separations rates increased in 11 states, decreased in 1 state, and were little changed in 38

states and the District of Columbia. The largest increases in total separations rates occurred in North

Dakota (+2.0 percentage points) and Virginia (+1.4 points), as well as in Colorado and New Mexico 

(+1.0 point each). The decrease occurred in Texas (-0.5 point). Over the month, the national total

separations rate was little changed.

 

The number of total separations increased in 12 states, decreased in 1 state, and was little changed in

37 states and the District of Columbia in July. The largest increases in the total separations level

occurred in Florida (+74,000), Virginia (+58,000), and Pennsylvania (+53,000). The decrease occurred

in Texas (-65,000). Nationally, the number of total separations increased over the month (+336,000). 

 

Quits

 

In July, quits rates increased in 4 states, decreased in 3 states, and were little changed in 43 states and

the District of Columbia. The largest increases in quits rates occurred in Colorado (+0.7 percentage point) and in Florida and Virginia (+0.6 point each). The decreases occurred in Illinois (-0.4 point), as well as in New York and Texas (-0.3 point each). Over the month, the national quits rate

changed little.

 

The number of quits increased in 7 states, decreased in 4 states, and was little changed in 39 states and

the District of Columbia in July. The largest increases in the quits level occurred in Florida

(+63,000), Virginia (+23,000), and Pennsylvania (+22,000). The largest decreases occurred in Texas 

(-45,000), New York (-32,000), and Illinois (-29,000). Nationally, the number of quits changed little

over the month.

 

Layoffs and Discharges

 

In July, layoffs and discharges rates increased in 8 states, decreased in 1 state, and were little changed

in 41 states and the District of Columbia. The largest increases occurred in North Dakota 

(+1.6 percentage points), Virginia (+0.7 point), and South Dakota (+0.6 point). The decrease occurred in Oklahoma (-0.5 point). Over the month, the national layoffs and discharges rate was little changed. 

 

The number of layoffs and discharges increased in 9 states, decreased in 1 state, and was little changed

in 40 states and the District of Columbia in July. The largest increases in the layoffs and discharges level occurred in Virginia (+30,000), Pennsylvania (+29,000), and Michigan (+16,000). The decrease

occurred in Oklahoma (-9,000). Nationally, the number of layoffs and discharges was little changed.