The Recruiting News
Net Change in Employment - June 2012
(August 13, 2012) Large numbers of hires and separations occur every month throughout the business cycle. Net employment change results from the relationship between hires and separations. When the number of hires exceeds the number of separations, employment rises, even if the hires level is steady or declining.
Conversely, when the number of hires is less than the number of separations, employment declines, even if the hires level is steady or rising. Over the 12 months ending in June 2012, hires totaled 51.3 million and separations totaled 49.6 million, yielding a net employment gain of 1.8 million. These figures include workers who may have been hired and separated more than once during the year.
Read the full BLS report: Job Openings and Labor Turnover — June 2012.
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