Blogging on Employment and Job Markets in US Metro Areas

July JOLTS Update

Yesterday’s release of July JOLTS data shows that nonfarm job openings for were up 248,000 from from a year earlier, an increase of 4%. The below table shows opening by industry for July 2016 and July 2017:

JOLTS job openings percentage by industry July 2017 and July 2016
Comparing the distribution of job openings by industry for July 2017 to July 2016 reveals some interesting changes:

  • Professional and business services, though it still accounts for the largest percentage of job openings, is down to 17.9% from 20.8% a year earlier. The number of job openings is down 10.7% from a year earlier.
  • Heath care and social assistance as a percentage of job openings is barely changed from a year earlier.
  • Leisure and hospitality jumped from 12.9% of job openings to 14.3%
  • Despite all the well-publicized woes of the retail industry, retail job openings are up slightly from a year earlier, and account for roughly the same percentage of job openings.