Quits: Total Private
Level in Thousands, Not Seasonally Adjusted
JTU1000QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,146.00
Year-over-Year Change
-4.26%
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 United States. This statistic is a key indicator of labor market conditions 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
This series represents the total number of job openings across all industries in the U.S. economy. It is an important data point used by economists and policymakers to assess the strength of the labor market and gauge hiring activity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
The job openings data is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- Job openings reached a record high of 11.9 million in March 2022.
- The job openings rate (openings as a percentage of total employment) was 7.1% in March 2022.
- The industries with the highest job openings rates in 2022 were accommodation and food services, transportation and warehousing, and construction.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Not Seasonally Adjusted' series measures the total number of job openings across all industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data point is a key indicator of labor market conditions and hiring demand, providing valuable insights for economists, policymakers, and businesses.
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: The job openings data is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The job openings data is published monthly with a typical two-month lag, and may be subject to revisions.
Related Trends
Citation
U.S. Federal Reserve, Level in Thousands, Not Seasonally Adjusted (JTU1000QUL), retrieved from FRED.