Hires: Total Nonfarm in Northeast Census Region
Level in Thousands, Not Seasonally Adjusted
JTU00NEHIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,075.00
Year-over-Year Change
3.66%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Level in Thousands, Not Seasonally Adjusted' economic trend measures the total number of job openings in the U.S. economy. This key labor market indicator provides insight into hiring demand and is closely monitored by economists and policymakers.
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 data series tracks the total job openings across all sectors of the U.S. economy, without adjusting for seasonal variations. It serves as an important real-time signal of labor market conditions and hiring trends, which can inform economic forecasting and policy decisions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Policymakers and analysts use this metric to assess the overall strength of the labor market and guide decisions on employment, monetary, and fiscal policies.
Key Facts
- The number of job openings reached a record high of 11.5 million in March 2022.
- Job openings have more than doubled since the start of the COVID-19 pandemic.
- The job openings rate, which measures openings as a percentage of total employment, was 7.1% in March 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Not Seasonally Adjusted' trend measures the total number of job openings across the U.S. economy, providing insight into hiring demand.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market conditions and is closely monitored by economists, policymakers, and investors to assess the overall strength of the job market.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the labor market and guide decisions on employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately two months.
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Citation
U.S. Federal Reserve, Level in Thousands, Not Seasonally Adjusted (JTU00NEHIL), retrieved from FRED.