Quits: Manufacturing
Level in Thousands, Seasonally Adjusted
JTS3000QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.00
Year-over-Year Change
-13.57%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Level in Thousands, Seasonally Adjusted' series measures job openings in the United States. This economic indicator provides insights into labor market conditions and hiring trends.
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
This series from the U.S. Bureau of Labor Statistics tracks the number of open job positions across the U.S. economy. It is a key labor market statistic used by economists and policymakers to gauge employment opportunities and hiring demand.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) of establishments.
Historical Context
The job openings metric is monitored by the Federal Reserve and other institutions to assess the strength of the labor market and inform economic policy decisions.
Key Facts
- Job openings reached a record high of 11.9 million in March 2022.
- The job openings rate was 7.1% in March 2022, indicating a tight labor market.
- Job openings have more than doubled since the COVID-19 pandemic low in April 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Seasonally Adjusted' series measures the number of open job positions across the United States economy.
Q: Why is this trend relevant for users or analysts?
A: This labor market indicator provides insights into hiring demand and employment opportunities, which are key factors monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The job openings metric is closely watched by the Federal Reserve and other institutions to assess the strength of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The job openings data is released monthly with a typical lag of around one month.
Related Trends
Citation
U.S. Federal Reserve, Level in Thousands, Seasonally Adjusted (JTS3000QUL), retrieved from FRED.