WASHINGTON (Reuters) - There Was little turnover in the U.S. Labor Market in May, and the number of available jobs at the end of the month WAS Virtually Unchanged from April, government data Showed on Tuesday.
There Were about 2.97 million jobs open at the end of May, a slight boost from April's 2.95 million, According To the Labor Department's Job Openings and Labor Turnover Survey.
The rate of hires for U.S. Nonfarm jobs Remained at 3.1 percent, and the separations rate rose from 9.2 percent Slightly in April to 3.1 percent in May.
Hires and separations are Indicators of the Labor Movement DURING month. The number of jobs open at the end of the month - unfilled, posted vacancies That Employers plan to fill Within 30 days - help describe Employers' demand for labor.
The number of openings available to job seekers Is Still well below pre-recession levels, one the Labor Department said payday loans direct lenders.There Were 4.4 million openings at the end of December 2007.
The Unemployment Rate rose in May from 9.0 percent in April to 9.1 percent, the Labor Department Said Earlier in year report.
The job openings rate at the report Showed Which Their people quit jobs, Which Can Indicate Workers' confidence in Their Ability to find new jobs, WAS Unchanged in May.
The rate of Layoffs Slightly DURING the month rose from 2.1 percent in April to 1.4 percent in May.
The Job Openings and Labor Turnover Survey Employment Data encompasses from about 16.000 Establishments across the country.
(Reporting by Emily Stephenson; Editing by James Dalgleish)
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