Quits: Professional and Business Services
Level in Thousands, Seasonally Adjusted
JTS540099QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
414.00
Year-over-Year Change
-28.62%
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 U.S. labor market on a seasonally adjusted basis. This metric is a key indicator of labor demand and economic health.
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 and Labor Turnover Survey (JOLTS) tracks job openings, hires, and separations at the establishment level across the U.S. The 'Level in Thousands, Seasonally Adjusted' series provides a monthly snapshot of the total count of open positions, which economists and policymakers use to monitor employment dynamics.
Methodology
The data is collected through a monthly survey of a sample of private and public-sector employers.
Historical Context
Analysts and policymakers closely monitor job openings as a leading indicator of labor market conditions and future hiring trends.
Key Facts
- The U.S. had over 11 million job openings as of the latest report.
- Job openings have increased by over 50% since the start of the COVID-19 pandemic.
- The job openings rate, which measures openings as a percentage of total employment, is near historical highs.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Seasonally Adjusted' series from the Job Openings and Labor Turnover Survey (JOLTS) tracks the total number of open and available positions at U.S. establishments on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Job openings are a key indicator of labor demand and the overall health of the job market. Economists and policymakers closely monitor this metric to assess employment conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of a sample of private and public-sector employers across the United States.
Q: How is this trend used in economic policy?
A: The job openings data is used by the Federal Reserve, government agencies, and private analysts to evaluate labor market conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The JOLTS data is released approximately one month after the reference period, so there can be a slight delay in the most recent information. However, the data is considered a reliable and comprehensive source for tracking job openings in the U.S.
Related Trends
Citation
U.S. Federal Reserve, Level in Thousands, Seasonally Adjusted (JTS540099QUL), retrieved from FRED.