Layoffs and Discharges: Total Nonfarm in Northeast Census Region
Rate
JTU00NELDR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
-10.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The Job Openings and Labor Turnover Survey (JOLTS) 'Job Openings' metric measures the number of vacant positions available in the U.S. economy. It provides critical 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 represents the ratio of open positions to the sum of filled jobs and open positions. It serves as a key leading indicator of employment and economic activity, signaling firms' willingness to expand their workforce.
Methodology
The data is collected through a monthly survey of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The Job Openings rate is closely watched by the Federal Reserve and policymakers to gauge labor market tightness and inform monetary policy decisions.
Key Facts
- The U.S. had over 11 million job openings as of May 2022.
- The job openings rate reached a record high of 7.5% in March 2022.
- The job openings rate has more than doubled since the start of the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Job Openings rate measures the number of vacant positions available in the U.S. labor market as a percentage of total job openings and filled jobs.
Q: Why is this trend relevant for users or analysts?
A: The Job Openings rate is a crucial leading indicator of employment and economic activity, signaling firms' willingness to expand their workforce and hire new workers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Job Openings rate is closely monitored by the Federal Reserve and policymakers to gauge labor market tightness and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Job Openings data is released monthly by the Bureau of Labor Statistics, with a typical 1-2 month delay.
Related Trends
New Houses Sold by Sales Price Between $500,000 and $599,999 in the Northeast Census Region
NHSNESP50T59A
New Privately Owned Housing Completions Median Square Feet of Floor Area for One-Family Units in the Northeast Census Region
COMPSFLAM1FNEQ
Personal Taxes: Federal Income Taxes by Region: Residence in the Northeast Census Region
CXUFEDTAXESLB1102M
New Privately Owned Housing Completions Average Square Feet of Floor Area for One-Family Units in the Northeast Census Region
COMPSFLAA1FNEQ
Personal Taxes: Personal Taxes by Region: Residence in the Northeast Census Region
CXUPERSTAXLB1102M
Total Separations: Total Nonfarm in Northeast Census Region
JTU00NETSR
Citation
U.S. Federal Reserve, Job Openings (JTU00NELDR), retrieved from FRED.