Quits: Accommodation and Food Services
Level in Thousands, Not Seasonally Adjusted
JTU7200QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
736.00
Year-over-Year Change
32.37%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Level in Thousands, Not Seasonally Adjusted' economic trend measures the total number of job openings in the United States. This metric is a key indicator of labor market strength and employer demand.
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 series tracks the total number of open positions across the U.S. economy, providing insight into hiring activity and labor market tightness. Economists and policymakers closely monitor job openings to assess overall economic conditions and guide policy 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 used to inform monetary and fiscal policies aimed at promoting full employment and stable economic growth.
Key Facts
- Job openings reached a record high of 11.9 million in March 2022.
- The job openings rate was 7.4% in March 2022, indicating a tight labor market.
- The number of job openings has more than doubled since the COVID-19 pandemic low in April 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Level in Thousands, Not Seasonally Adjusted' series measures the total number of open job positions across the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into labor market conditions, employer demand, and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through the monthly 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 economists use the job openings trend to inform monetary and fiscal policies aimed at promoting full employment and stable economic growth.
Q: Are there update delays or limitations?
A: The job openings data is published monthly with a lag of approximately one month.
Related Trends
Citation
U.S. Federal Reserve, Level in Thousands, Not Seasonally Adjusted (JTU7200QUL), retrieved from FRED.