Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Austria
Quarterly, Not Seasonally Adjusted
LFAC24FEATQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
242,600.00
Year-over-Year Change
9.28%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the number of job openings in the United States on a quarterly basis, providing insights into labor market dynamics.
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 trend tracks the availability of job vacancies across the U.S. economy, a key indicator of labor market tightness and hiring activity. Economists and policymakers use this data to analyze employment conditions and make informed decisions.
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
The Job Openings trend is widely used by the Federal Reserve and other institutions to assess the strength of the U.S. labor market and guide economic policy.
Key Facts
- The U.S. had over 11 million job openings in the latest quarter.
- Job openings have increased by 50% since the pandemic recession.
- The job openings rate was 6.9% in the most recent quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the number of open and available job positions across the U.S. economy on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the strength of the labor market, hiring activity, and overall economic conditions, which are crucial for policymakers, businesses, and job seekers.
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: The Job Openings trend is closely monitored by the Federal Reserve and other institutions to assess the state of the labor market and make informed policy decisions.
Q: Are there update delays or limitations?
A: The Job Openings data is released by the Bureau of Labor Statistics on a monthly basis, with a two-month lag, and is not seasonally adjusted.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24FEATQ647N), retrieved from FRED.