JOLTS report
Total job openings
Total quits
Total hires
Total quits
Total layoffs
Cold job market
Balanced job market
Hot job market
The Job Openings and Labor Turnover Survey (JOLTS) is a monthly survey conducted by the Bureau of Labor Statistics. It measures job openings, hires, and separations, including quits, layoffs, discharges, and other separations.[1] The survey covers nonfarm establishments in the private sector and federal, state, and local government. Its estimates are used to assess labor demand and worker turnover alongside employment and unemployment statistics.[2] Job openings and the quits rate reached record highs in 2021 and 2022 during the Great Resignation.[3][4]
See also
[edit]- Frisch elasticity of labor supply
- Ghost job
- Inverted yield curve
- Nonfarm payrolls
- Occupational Employment and Wage Statistics
- Sahm rule - economic indicator predicting recessions
- Youth unemployment
References
[edit]- ↑ "Job Openings and Labor Turnover Survey Home Page". U.S. Bureau of Labor Statistics. Retrieved September 14, 2026.
- ↑ "Job Openings and Labor Turnover Survey: Overview". U.S. Bureau of Labor Statistics. Retrieved September 14, 2026.
- ↑ "Job Openings and Labor Turnover Survey (JOLTS)". Investopedia. Retrieved November 2, 2022.
- ↑ "JOLTS". Economic Policy Institute. Retrieved November 2, 2022.