Total Separations: Durable Goods Manufacturing
Rate, Not Seasonally Adjusted
JTU3200TSR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
-15.38%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Rate, Not Seasonally Adjusted' trend measures the percentage of job openings that remain unfilled each month. This metric is a key indicator of labor market tightness and hiring 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 ratio of job openings to total employment, providing insight into the balance between labor supply and demand. Economists and policymakers use this data to assess labor market conditions and employment dynamics.
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 rate is an important input for monetary and fiscal policy decisions aimed at achieving full employment.
Key Facts
- The job openings rate reached a record high of 7.3% in March 2022.
- The rate declined from a peak of 7.3% in March 2022 to 6.4% in July 2022.
- The job openings rate has remained above pre-pandemic levels since early 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Rate, Not Seasonally Adjusted' trend measures the percentage of job openings relative to total employment each month.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the balance between labor supply and demand, a key indicator of labor market tightness and hiring activity.
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 job openings rate is an important input for monetary and fiscal policy decisions aimed at achieving full employment.
Q: Are there update delays or limitations?
A: The JOLTS data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Rate, Not Seasonally Adjusted (JTU3200TSR), retrieved from FRED.