Quits: Retail Trade
Rate, Not Seasonally Adjusted
JTU4400QUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-3.23%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Rate, Not Seasonally Adjusted' economic trend measures the percentage of job openings that are filled in a given period. It provides insights into labor market dynamics and hiring 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 non-seasonally adjusted job openings rate represents the proportion of available positions that are filled across the U.S. economy. It is a key indicator of labor market tightness and the efficiency of the hiring process.
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 monitor this trend to assess labor market health and guide employment-related policies.
Key Facts
- The job openings rate averaged 4.6% in 2022.
- The rate reached a high of 7.3% in March 2022.
- Hiring activity slowed in late 2022 amid economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: The 'Rate, Not Seasonally Adjusted' measures the percentage of job openings that are filled in a given period, providing insights into labor market dynamics and hiring activity.
Q: Why is this trend relevant for users or analysts?
A: This non-seasonally adjusted job openings rate is a key indicator of labor market tightness and the efficiency of the hiring process, which is crucial for economists and policymakers assessing employment and economic conditions.
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 health and guide employment-related policies.
Q: Are there update delays or limitations?
A: The job openings rate data is published monthly with a lag of approximately one month.
Related Trends
Citation
U.S. Federal Reserve, Rate, Not Seasonally Adjusted (JTU4400QUR), retrieved from FRED.