Quits: Total Nonfarm in Northeast Census Region
Rate, Not Seasonally Adjusted
JTU00NEQUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.80
Year-over-Year Change
0.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Rate, Not Seasonally Adjusted' economic trend measures the monthly rate of job openings in the U.S. labor market. 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 'Rate, Not Seasonally Adjusted' data represents the number of open job positions as a percentage of total employment. It provides insight into hiring activity and employer confidence across the U.S. economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Economists and policymakers closely monitor this trend to assess labor market dynamics and guide economic policy decisions.
Key Facts
- The job openings rate reached a record high of 7.5% in March 2022.
- Job openings outnumbered unemployed workers by nearly 2 to 1 in early 2022.
- The manufacturing sector had the highest job openings rate of 7.3% in March 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Rate, Not Seasonally Adjusted' metric measures the monthly rate of job openings as a percentage of total employment in the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend provides key insights into labor demand and employer confidence, which are important indicators of overall economic health and direction.
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: Economists and policymakers monitor this trend to assess labor market dynamics and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The JOLTS data is released monthly with a 1-month lag, so the most recent figures may not reflect the current state of the labor market.
Related Trends
Income Before Taxes: Other Income by Region: Residence in the Northeast Census Region
CXUOTHRINCLB1102M
New Privately Owned Housing Completions by Purpose of Construction, Contractor-Built One-Family Units in the Northeast Census Region
COMPCB1FNEQ
Expenditures: Laundry and Cleaning Supplies by Region: Residence in the Northeast Census Region
CXULAUNDRYLB1102M
Expenditures: Food at Home by Region: Residence in the Northeast Census Region
CXUFOODHOMELB1102M
New Privately-Owned Housing Units Completed: Single-Family Units in the Northeast Census Region
COMPUNE1USA
Hires: Total Nonfarm in Northeast Census Region
JTS00NEHIL
Citation
U.S. Federal Reserve, Rate, Not Seasonally Adjusted (JTU00NEQUR), retrieved from FRED.