All Employees: Service-Providing in Ohio
Monthly, Seasonally Adjusted
SMS39000000700000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,761.30
Year-over-Year Change
1.05%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures the average number of job openings in the U.S. each month, providing insights into the overall strength of the labor market.
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 indicator tracks the total number of job postings across all industries, giving economists and policymakers a real-time view of hiring demand and labor market tightness.
Methodology
The data is collected through a monthly survey of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The job openings trend is a key input for the Federal Reserve and other agencies in evaluating the health of the U.S. economy.
Key Facts
- The U.S. had over 11 million job openings as of the latest report.
- The job openings rate has doubled since the COVID-19 pandemic began.
- Elevated job openings signal a tight labor market with worker shortages.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend tracks the total number of open job postings across the U.S. economy each month.
Q: Why is this trend relevant for users or analysts?
A: The job openings data provides important insights into the strength of labor demand, which is a key indicator of the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of business establishments 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 policymakers to evaluate the state of the labor market and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The job openings data is released on a monthly basis with a short lag, allowing for timely analysis of labor market conditions.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS39000000700000001), retrieved from FRED.