Hires: Total Nonfarm in Midwest Census Region
Level in Thousands, Not Seasonally Adjusted
JTU00MWHIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,240.00
Year-over-Year Change
-8.96%
Date Range
12/1/2000 - 6/1/2025
Summary
This economic trend measures the level of job openings in the United States, which is a key indicator of labor market conditions and economic activity.
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 'Level in Thousands, Not Seasonally Adjusted' series tracks the total number of open positions across the U.S. economy. It provides insights into hiring demand and business confidence, which are important factors for economists and policymakers.
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 trend is widely used to assess the strength of the labor market and guide economic policy decisions.
Key Facts
- The series began in December 2000.
- Job openings reached a record high of 11.9 million in March 2022.
- Tracking job openings is crucial for understanding the health of the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of job openings across the U.S. economy, providing insights into labor demand and hiring activity.
Q: Why is this trend relevant for users or analysts?
A: The job openings data is a key indicator of the strength of the labor market and overall economic conditions, making it important for economists, policymakers, and businesses.
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: Policymakers and analysts use this trend to assess hiring demand, labor market tightness, and the overall health of the economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The job openings data is released monthly by the Bureau of Labor Statistics, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Level in Thousands, Not Seasonally Adjusted (JTU00MWHIL), retrieved from FRED.