Other Separations: Total Nonfarm in Northeast Census Region
Rate
JTU00NEOSR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
50.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The Job Openings and Labor Turnover Survey (JOLTS) tracks the 'job openings rate', which measures the number of open positions as a percentage of total employment. This provides 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 is a key economic indicator that reflects labor market tightness and hiring activity. It helps policymakers and analysts understand the balance between labor supply and demand, and the overall state of the job market.
Methodology
The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The job openings rate is closely watched by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The job openings rate averaged 7.3% in 2022.
- Hiring demand remains historically high despite economic headwinds.
- The job openings rate peaked at 7.6% in March 2022.
FAQs
Q: What does this economic trend measure?
A: The job openings rate measures the number of open positions as a percentage of total employment, providing insights into labor market dynamics and hiring demand.
Q: Why is this trend relevant for users or analysts?
A: The job openings rate is a key indicator of labor market tightness and hiring activity, which is closely watched by policymakers and analysts to understand the balance between labor supply and demand.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The job openings rate is closely watched by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The job openings rate data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Job Openings and Labor Turnover Survey (JTU00NEOSR), retrieved from FRED.