The Big Churn: Job Openings and Quits Rise Again in June

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The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy rose to 10.073 million in June, up from 9.483 million in May, and a new record high. The number of open positions in the private sector increased to 9.154 million in June, up from 8.601 million in May, also a new record high (see first chart).

Article by Robert Hughes from AIER.

The total job openings rate, openings divided by the sum of jobs plus openings, rose to a record 6.5 percent in June while the private-sector job-openings rate surged to a record 6.9 percent.

Private hires in June totaled 6.286 million versus 5.703 million in May. At the same time, the number of private-sector separations rose to 5.311 million in June, up from May’s 5.047 million. Within separations, private quits were 3.701 million (versus 3.470 million in May) and private layoffs were 1.255 million, down from 1.281 million in the prior month (see first chart).

The total separations rate rose to 3.8 percent from 3.7 percent in the prior month with the private sector experiencing a rate of 4.3 percent, up 0.2 percentage points from 4.1 percent in May. The private quits rate rose to 3.0 percent from 2.8 percent in May while the private layoffs rate held at a very low 1.0 percent.

Four industry categories have more than 1.4 million openings each: trade, transportation, and utilities (1.884 million), professional and business services (1.789 million), education and health care (1.683 million), and leisure and hospitality (1.650 million; see second chart).

The highest openings rates were in leisure and hospitality (10.1 percent), professional and business services (7.9 percent), education and health care (6.7 percent), trade, transportation, and utilities (6.5 percent), and manufacturing (6.3 percent; see third chart).

From the worker perspective, labor market conditions remained very favorable in June. The number of openings per job seeker (unemployed plus those not in the labor force but who want a job) jumped to 0.650 in June, down from 0.609 in May, and well above the May 2020 low of 0.156. This measure has risen sharply over the last few months and is now just shy of the 0.657 result from January 2020. It is also closing in on the record high of 0.721 in October 2019 (see fourth chart).

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Overall, the data relating to the labor market continue to suggest a very tight, robust labor market where labor churn (workers changing jobs, presumably for better pay, better working conditions, or a new career path, or a combination of all of those) is elevated. The combination of June’s jobs report, which showed a net increase of 943,000 payroll jobs (though the gains were concentrated in leisure and accommodation as well as government), and private-sector business surveys which show businesses struggling to find and retain qualified workers support the conclusion of a very tight labor market.

The Dangers of Speaking the Truth Diminish If We Work Together

It’s becoming harder and harder for patriots to ignore the deep suppression of truth that’s happening in America today.

In all of my years in journalism, I have never received as many threats or been attacked by big companies like Google and Facebook as I have in 2021. I’d say that ever since we started covering widespread voter fraud, government-endorsed Pandemic Panic Theater, vaccine cover-ups, Critical Race Theory, and the various Neo-Marxist and Satanic agendas at play, I’ve been targeted more in months than the entirety of my life prior.

Speaking the truth is getting harder with so much censorship and suppression rampant. Prior to 2020, I was not a “conspiracy theorist” or an “anti-vaxxer,” but if there’s one thing the onslaught of exposed lies have taught us in the last 18 months, it’s that we cannot take what we’re told by the “arbiters of truth” at face value. There’s an agenda behind every message, a narrative driving every story, and a series of gigantic cover-ups designed to keep the masses in the dark.

This is why we’re building a network of news outlets that are willing to go against the narrative and expose the truth. We need help. We’re establishing strong partnerships with like-minded news outlets and courageous journalists. Even as Big Tech suppresses us, the honest messages they’re trying to quash are finding their way to the eyes and ears of patriots across the nation. With the help of new content partners like The Epoch Times and The Liberty Daily, we’re starting to see a real impact.

Our network is currently comprised of nine sites:

Some of our content is spread across all of these sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

I’ve said much of this before. From time to time I reframe this request for assistance by taking the most relevant message of the day and adjusting the story accordingly. We’ve discussed this network in previous articles. Now, it’s time to talk about help. First and foremost, we need financial assistance detailed below. But we could also use more writers who are willing to volunteer their thoughts for the sake of spreading the message. Those who are interested should contact me directly.

As far as money, we’re looking better than we have in the recent past, but we are currently experiencing a gap between revenue and expenses that cannot be overcome by click-ads and MyPillow promos alone (promo code “NOQ” by the way).

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To overcome our revenue gap and keep these sites running, our needs fluctuate between $2200-$7800 per month. May, 2021, for example, was amazing and we almost broke even. June, revenue was sluggish at best and we had to make up a big difference out of our pockets. But we’re not just trying to get out of the red. If and when we start getting enough contributions to expand, we will do just that. Very few get into journalism to try to get rich and we’re definitely not among those who do. Our success is driven by spreading the truth, profitable or not.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Time is short. As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

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We Often Feel Like David Taking on Giants

Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.

Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.

We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our brand new GiveSendGo page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.

Thank you, and God Bless!

JD Rucker