All Employees: Financial Activities: Finance and Insurance in Idaho
Annual
SMU16000005552000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.00
Year-over-Year Change
31.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the total number of annual job openings in the U.S. labor market. This metric is a key economic indicator for policymakers and analysts to understand overall employment dynamics and labor 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
The Annual trend, published by the U.S. Bureau of Labor Statistics, represents the total number of job openings posted over the course of a full calendar year. It provides a broad, long-term view of labor market tightness and hiring activity across the economy.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS), a monthly establishment survey.
Historical Context
Policymakers and economists monitor the Annual trend to assess the health of the labor market and make informed decisions about economic policy.
Key Facts
- The Annual trend reached a record high of 7.3 million openings in 2018.
- Job openings have more than doubled since the end of the Great Recession in 2009.
- The Annual trend helps measure labor market tightness and employer demand for workers.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of job openings posted over the course of a full calendar year in the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key indicator of labor market health and employer demand for workers, providing important context for policymakers and economists.
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 analysts monitor the Annual trend to assess the overall strength of the labor market and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The Annual trend data is published with a 1-2 month lag and may be subject to revisions as more complete information becomes available.
Related Trends
All Employees: Information: Telecommunications in Idaho
SMU16000005051700001A
Housing Inventory: New Listing Count in Idaho
NEWLISCOUID
State Government Tax Collections, Public Utilities - Selective Sales Taxes in Idaho
IDUTILITAX
Administrative and Waste Services Earnings in Idaho
IDEADM
Gross Domestic Product: Monetary Authorities-Central Bank, Credit Intermediation, and Related Services (521-522) in Idaho
IDFRBCINGSP
Chain-Type Quantity Index for Real GDP: Other Transportation and Support Activities (487-488, 492) in Idaho
IDOTHTRANQGSP
Citation
U.S. Bureau of Labor Statistics, Annual (SMU16000005552000001A), retrieved from FRED.