All Employees: Construction: Heavy and Civil Engineering Construction in Wisconsin
Monthly, Not Seasonally Adjusted
SMU55000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.40
Year-over-Year Change
2.11%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator tracks monthly, not seasonally adjusted job openings in the total nonfarm sector of the U.S. economy. It provides timely insights into labor market dynamics 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 Job Openings indicator measures the number of open positions across all nonfarm industries, excluding seasonal adjustments. It serves as an important real-time barometer of labor market tightness and employer demand for workers.
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 this indicator to assess the strength of the labor market and inform economic and monetary policy decisions.
Key Facts
- The U.S. had over 11 million job openings as of the latest report.
- Job openings have remained near historic highs in recent months.
- The ratio of job openings to unemployed persons is a closely watched metric.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of open, unfilled job positions across the entire U.S. nonfarm economy on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The job openings data provides timely insights into the strength of labor demand, helping policymakers and economists assess the tightness of the job market.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central bankers closely monitor job openings data to gauge labor market conditions and inform decisions on interest rates and other economic policies.
Q: Are there update delays or limitations?
A: The job openings data is released with a one-month lag, and does not include seasonal adjustments, which can affect interpretation of month-over-month changes.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU55000002023700001), retrieved from FRED.