Quits: Trade, Transportation, and Utilities
Level in Thousands, Seasonally Adjusted
JTS4000QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
684.00
Year-over-Year Change
-5.91%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Level in Thousands, Seasonally Adjusted' trend measures the total number of job openings in the United States. This key labor market indicator provides insight into employers' hiring demand and broader economic conditions.
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 tracks the total number of open job positions across the U.S. economy, adjusted for seasonal variations. It is a valuable leading indicator of labor market strength and employer confidence, used by policymakers and analysts to assess the health of the job market.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The job openings level is closely monitored by the Federal Reserve and other economic authorities to inform monetary policy and assess the broader labor market.
Key Facts
- The U.S. had over 11 million job openings as of the latest data.
- Job openings have more than doubled since the COVID-19 pandemic lows.
- The job openings rate, or share of total employment, reached a record high of 7.0% in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Seasonally Adjusted' trend measures the total number of open job positions across the U.S. economy, adjusted to remove seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market strength and employer confidence, providing valuable insights for policymakers, economists, and investors.
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 level is closely monitored by the Federal Reserve and other authorities to inform monetary policy decisions and assess the broader health of the labor market.
Q: Are there update delays or limitations?
A: The job openings data is released with a one-month lag and may be subject to revisions as more complete information becomes available.
Related Trends
Citation
U.S. Federal Reserve, Level in Thousands, Seasonally Adjusted (JTS4000QUL), retrieved from FRED.