All Employees: Financial Activities in Louisiana
Monthly, Seasonally Adjusted
LAFIRE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.20
Year-over-Year Change
-3.02%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' (LAFIRE) series measures the number of job openings in the U.S. labor market. It is a key indicator of economic conditions and hiring trends.
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 LAFIRE series tracks the number of open positions across the U.S. economy on a monthly basis, adjusted for seasonal variations. This data provides insights into labor demand and employer confidence.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use the LAFIRE series to assess the health of the labor market and inform economic policy decisions.
Key Facts
- The LAFIRE series reached a record high of 11.86 million in March 2022.
- Job openings have exceeded the number of unemployed workers since early 2021.
- The LAFIRE series is closely watched by the Federal Reserve in setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The LAFIRE series measures the number of open job positions across the U.S. economy on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The LAFIRE series provides insights into labor market conditions, employer confidence, and hiring trends, which are crucial for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the LAFIRE series to assess the health of the labor market and inform economic policy decisions, such as those made by the Federal Reserve.
Q: Are there update delays or limitations?
A: The LAFIRE data is published monthly with a lag of approximately one month.
Related Trends
Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in Louisiana
LAAGRNGSP
Gross Domestic Product: Construction (23) in Louisiana
LACONSTNQGSP
Chain-Type Quantity Index for Real GDP: Data Processing, Hosting, and Other Information Services (518-519) in Louisiana
LADATAWWWQGSP
All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Louisiana
SMU22000005552200001A
Median Household Income in Louisiana
MEHOINUSLAA646N
All Employees: Construction: Specialty Trade Contractors in Louisiana
SMU22000002023800001SA
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LAFIRE), retrieved from FRED.