Quits: Nondurable Goods Manufacturing
Level in Thousands, Not Seasonally Adjusted
JTU3400QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
-18.60%
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 metric is a key indicator of labor market conditions and economic activity.
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 tracks the total number of open positions across all industries and sectors in the U.S. labor market. It provides insights into the demand for workers and the overall health of the job market, which is crucial for economists, policymakers, and businesses.
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 trend is widely used to assess the strength of the economy and inform policy decisions.
Key Facts
- The U.S. had over 11 million job openings as of the latest data.
- Job openings have increased by over 50% since the COVID-19 pandemic.
- The job openings rate is a key indicator monitored by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Not Seasonally Adjusted' trend measures the total number of job openings across the United States labor market.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of labor market conditions and economic activity, providing insights into the demand for workers that are valuable 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 trend is widely used to assess the strength of the economy and inform policy decisions by institutions such as the Federal Reserve.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical 1-2 month delay from the reference period.
Related Trends
Citation
U.S. Federal Reserve, Level in Thousands, Not Seasonally Adjusted (JTU3400QUL), retrieved from FRED.