The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three categories quits or voluntary resignations, layoffs or discharges, and other separations which include deaths and retirements. Job openings and the quits rate were at an all time high in 2021 and 2022 in what came to be called the Great Resignation.[1][2][3]
Total job openings
Total quits
Total hires
Total quits
Total layoffs
Cold job market
Balanced job market
Hot job market
See also
edit- Nonfarm payrolls
- Occupational Employment and Wage Statistics
- Sahm rule - economic indicator prediction recessions
- Inverted yield curve
References
edit- ^ "Job Openings and Labor Turnover Survey (JOLTS)". Investopedia. Retrieved 2022-11-02.
- ^ "JOLTS". Economic Policy Institute. Retrieved 2022-11-02.
- ^ "Job Openings and Labor Turnover Survey Home Page". www.bls.gov. Retrieved 2022-11-02.