Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Sweden
Monthly, Not Seasonally Adjusted
LMJVTTUVSEM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,848.00
Year-over-Year Change
-5.36%
Date Range
6/1/1961 - 1/1/2024
Summary
This economic trend measures the number of manufacturing job vacancies in the United States on a monthly basis, without seasonal adjustments. It provides insights into labor market dynamics and hiring demand in the manufacturing sector.
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 Manufacturing Job Vacancies (Not Seasonally Adjusted) series tracks the number of open positions in the U.S. manufacturing industry each month. This data point is useful for economists and policymakers to analyze employment trends and labor market tightness in the manufacturing sector.
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 by economists, government agencies, and businesses to monitor hiring conditions and assess the overall health of the manufacturing labor market.
Key Facts
- Manufacturing job vacancies reached a record high of 1.06 million in March 2022.
- The manufacturing sector accounts for about 12% of total U.S. employment.
- Job openings have exceeded the number of unemployed workers in the manufacturing industry since mid-2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of open job positions in the U.S. manufacturing industry on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into labor market dynamics and hiring demand in the manufacturing sector, which is an important indicator of economic activity and the overall health of the labor market.
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: This trend is widely used by economists, government agencies, and businesses to monitor hiring conditions and assess the overall health of the manufacturing labor market, which informs economic policymaking and business decisions.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag, and the not seasonally adjusted figures may be subject to greater volatility compared to the seasonally adjusted data.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMJVTTUVSEM647N), retrieved from FRED.