Job Openings: Total Nonfarm in Northeast Census Region
Rate, Seasonally Adjusted
JTS00NEJOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
-2.13%
Date Range
12/1/2000 - 6/1/2025
Summary
The Job Openings Rate measures the percentage of job openings in relation to the total labor force. It is a key economic indicator that provides insights into labor market dynamics and hiring demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Job Openings Rate is a measure of labor market tightness, reflecting the number of open positions as a share of the total labor force. This metric is closely watched by economists and policymakers to gauge hiring activity and assess the overall health of the labor market.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through the Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
The Job Openings Rate is used by the Federal Reserve and other institutions to inform economic policy decisions and monitor employment conditions.
Key Facts
- The Job Openings Rate reached a record high of 7.3% in March 2022.
- High job openings indicate a tight labor market, with employers competing for workers.
- The Job Openings Rate is a leading indicator of economic activity and hiring trends.
FAQs
Q: What does the Job Openings Rate measure?
A: The Job Openings Rate measures the percentage of job openings in relation to the total labor force. It provides insights into labor market dynamics and hiring demand.
Q: Why is the Job Openings Rate relevant for users or analysts?
A: The Job Openings Rate is a key economic indicator that is closely watched by economists and policymakers to gauge the health of the labor market and inform economic policy decisions.
Q: How is the Job Openings Rate data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through the Job Openings and Labor Turnover Survey (JOLTS).
Q: How is the Job Openings Rate used in economic policy?
A: The Job Openings Rate is used by the Federal Reserve and other institutions to monitor employment conditions and inform economic policy decisions.
Q: Are there any update delays or limitations for the Job Openings Rate data?
A: The Job Openings Rate data is released monthly by the Bureau of Labor Statistics, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Job Openings Rate (JTS00NEJOR), retrieved from FRED.