Seasonally Adjusted
CBUSAPPSACT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
658.00
Year-over-Year Change
4.61%
Date Range
7/1/2004 - 10/1/2020
Summary
The Seasonally Adjusted series measures the number of job openings in the United States. It provides insight 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 Seasonally Adjusted series is a key indicator of labor market conditions, reflecting the number of open positions that employers are actively recruiting to fill. It is used by economists and policymakers to assess the strength and direction of the job market.
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
This metric is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The series is seasonally adjusted to account for typical hiring patterns throughout the year.
- Higher job openings generally indicate a tighter labor market and potential wage pressures.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the number of job openings in the United States, providing insight into labor market dynamics and hiring trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as it reflects the strength and direction of the job market, which is a key indicator of overall economic conditions.
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 Seasonally Adjusted job openings data is used by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (CBUSAPPSACT), retrieved from FRED.