Other Separations: Mining and Logging
Rate
JTU110099OSR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-33.33%
Date Range
12/1/2000 - 6/1/2025
Summary
The Job Openings and Labor Turnover Survey (JOLTS) tracks the rate at which job openings are filled, which is a key indicator of labor market dynamics and employer 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 and Labor Turnover Survey (JOLTS) measures the rate at which job openings are filled, providing insight into hiring, layoffs, and labor market tightness. It is closely monitored by economists and policymakers to assess the overall health of the U.S. labor market.
Methodology
The U.S. Bureau of Labor Statistics collects this data through a monthly survey of businesses.
Historical Context
The job openings rate is used to evaluate economic conditions and inform monetary and fiscal policy decisions.
Key Facts
- The job openings rate measures the number of open positions as a percentage of total employment.
- The job openings rate reached a record high of 7.3% in March 2022.
- A high job openings rate signals a tight labor market with strong employer demand.
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 insight into labor market dynamics and employer 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 is closely monitored by economists and policymakers to assess the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through a monthly survey of businesses.
Q: How is this trend used in economic policy?
A: The job openings rate is used to evaluate economic conditions and inform monetary and fiscal policy decisions by central banks and governments.
Q: Are there update delays or limitations?
A: The job openings rate data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Job Openings and Labor Turnover Survey (JTU110099OSR), retrieved from FRED.